Classical researches across the world are mostly being carried out on basic domains of academics, like pure Science, Mathematics, Economics, English, and History etc. However, a time came, when the industrial world demanded something beyond these domains of academics, as with the changing business scenario, these academic domains were gradually losing its significance, because these domains were not at all interdisciplinary in nature. The industrial world demanded cross domain research in order to combat the issues being arisen due to complex business scenarios. That was the reason the academic domains of management came into existence. If looked upon closely, then it can be seen that all the domains of management are derived out of the conglomerations of several basic academic disciplines.
In order to run a firm, one of the basic requirements is to produce a product or design a service. To fulfill the requirement, the operations management domain management came into existence. It was just an extension of production and mechanical engineering science, which incorporated the laying out of production facilities with a view to facilitate the production process. Once produced, the costing and budgeting of the product has to be done. For this purpose, finance domain came into existence. This domain was a combination of economics and accountancy. Later, psychological aspects also came into the picture of finance in terms of utility and expected utility. Now, once the products are produced, they are needed to be sold in the market. To fulfill this requirement, marketing domain came into existence. Economics, with a blend of psychology and just common sense had given birth to this domain. However, in order to run the entire enterprise, it is required to have a competent and consistent labor force, and this given birth to organizational behavior and human resource, a blend of psychology and economics. For more information about the origin of management domains, kindly browse through the pages of www.dissertationindia.net.
In order to run a firm, one of the basic requirements is to produce a product or design a service. To fulfill the requirement, the operations management domain management came into existence. It was just an extension of production and mechanical engineering science, which incorporated the laying out of production facilities with a view to facilitate the production process. Once produced, the costing and budgeting of the product has to be done. For this purpose, finance domain came into existence. This domain was a combination of economics and accountancy. Later, psychological aspects also came into the picture of finance in terms of utility and expected utility. Now, once the products are produced, they are needed to be sold in the market. To fulfill this requirement, marketing domain came into existence. Economics, with a blend of psychology and just common sense had given birth to this domain. However, in order to run the entire enterprise, it is required to have a competent and consistent labor force, and this given birth to organizational behavior and human resource, a blend of psychology and economics. For more information about the origin of management domains, kindly browse through the pages of www.dissertationindia.net.
RSS Feed