What makes up Business Management

Business management has long been an important factor in keeping a business up and running. The main objectives of business management are, planning:deciding what needs to happen in the future and how to put these actions into training. Maximizing resources: deciding how to get the most out of the resources you currently have available. Leading and motivating: Making sure others play roles in successfully operating the business on a day to day basis. Last, controlling: making sure that plans are executed to the fullest and making any modifications needed.

Business Fraud

On Wednsday January 17, 2007 former Cendant Corp. Chairman, Walter Forbes, is scheduled to appear in U.S. District Court in Brideport. Forbes was found guilty of leading the largest accounting fraud of the 1990's. Prosecuters believe Forbes will recieve between 12 to 15 years in prison. Prosecuters would also like him to pay 3.3 billion dollars in restitution for the amount the company and its accounting firm paid to settle shareholder lawsuits originating from the fraud. (John Christoffersen, AP Business)