Introduction As in any past period, companies are under a number of pressures, both internal and external, which call for changes in management style, management functions, etc. What tends to make the present period distinct, and in some ways sets it apart from previous periods, is that these...

The first industrial revolution was born with the steam engine. It was the steam engine which changed, in a short period of time, almost every factory both in the United Kingdom and elsewhere. Historians tell us that the rapid uptake of the steam engine in Europe was made possible by British...