Management has been described as a social process involving responsibility for economical and effective planning and regulation of operation of an enterprise in the fulfillment of given purposes. It consists of various elements and activities which are different from operative functions like marketing, finance, purchase etc. These activities are common to each and every manger irrespective of his level or status.

Wiegand Helmut FLEISCHER, PhD / Assistant Professor at Lucian Blaga University in Sibiu / Date of birth: 27th march 1976/ Place of birth: Hermannstadt/Sibiu.