Chapter

Can There Be a Science of Business?

John Kay

in The Business of Economics

Published in print October 1996 | ISBN: 9780198292227
Published online November 2003 | e-ISBN: 9780191596520 | DOI: http://dx.doi.org/10.1093/0198292228.003.0005
 Can There Be a Science of Business?

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This chapter is concerned with whether there can be such a thing as a science of management. It explains some of the issues involved in turning management from a subject based on the assertions of gurus to one that reproduces the structure of concepts, hypothesis, and empirical tests, which is characteristic of natural sciences. The second part of the chapter provides evidence of how management theories that do not follow this structure are misleading.

Keywords: management science; management theory; natural sciences; Michael Porter; Sainsbury's

Chapter.  2490 words. 

Subjects: Microeconomics

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