what is oligarchic management of business

Dear Student,

Oligarchic management refers to management in hands of few. In this type of management the decision making power lies in hands of few people only. By keeping power in hands of few, it hinders the development of professional management.
In this type of management the decision making authorities can misuse their power for their own benefit, they can even take decisions that affect the interest of other stakeholders of the company/firm.


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Oligarchic.management is a kind of management in which a group of people run the whole organization according to their own interest. These people are once the.B.O.D's of the company and to re-elect as B.O.D they use unfair means. Their decisions, policies are for their own interest. They donot consider the interest of Shareholders....
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