About the Syndrome of Chronic Management Deficiency
Economic Thought journal, 2008, issue 2, 3-19
The management process is not adressless. It is directed toward realization of certain goals. Possible are reasons of different kind as well as the influence of different factors leading to price deviations. By that means they can be realized or partially fulfilled and even when their fulfillment is ensured it is at the expense of the accelerated exhaustion of resource potential. The possible deviations from the goals are always accompanied by specific problems. Generally they can be defined as instantly accruing, active for a short term and those which act for a longer term. The second are related to the chronic management deficiency (CMD). That does not mean that the first could not be transformed in long-term if not resolved timely and completely.
JEL-codes: D23 M11 M12 (search for similar items in EconPapers)
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