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               development,  operations,  marketing,  personnel,  physical  facilities,  and  so  on  –  to  meet  that

               objective. The extent to which you begin with the end in mind often determines whether or not you

               are able to create a successful enterprise. Most business failures begin  in the first creation, with
               problems such as undercapitalization, misunderstanding of the market, or lack of a business plan.



                      X.       Discuss the following points in groups:

                             1.  General definition of management.
                             2.  Material and human resources.
                             3.  Financial and informational resources.
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