Business

Bankman-Fried takes stand, says he made 'small mistakes'

Sam Bankman-Fried, founder of the collapsed cryptocurrency exchange FTX, took the stand at his trial on Friday and said that while he may have made mistakes, he did not commit fraud or steal from customers.

Business

Engine maker Rolls-Royce to axe up to 2,500 jobs

Rolls-Royce, the British manufacturer of aircraft engines, said Tuesday it plans to axe up to 2,500 jobs worldwide, or about six percent of its staff, to further slash costs.

Engineering

Team develops platform for design of hydropower hub buildings

A research team has developed a platform based on building information modeling (BIM) technology for use in the design of hydropower hub buildings. The platform, called HydroBIM, combines BIM technology with geographic information ...

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Management

Management in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively. Management comprises planning, organizing, staffing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources and natural resources.

Since organizations can be viewed as systems, management can also be defined as human action, including design, to facilitate the production of useful outcomes from a system. This view opens the opportunity to 'manage' oneself, a pre-requisite to attempting to manage others.

This text uses material from Wikipedia, licensed under CC BY-SA