BUS 102 Chapter Notes - Chapter Hippocratic oath: Hippocratic Oath, Haymarket Media Group, Liberal Arts Education
Document Summary
The hippocratic oath of the manager: good or bad. The author"s main argument and the central theme, is that an oath is unnecessary because, effective managers will work in the best interests of all parties involved. Furthermore, ineffective managers will be weeded out by the competitive market. The author begins by examining the argument laid out by two harvard professors that mba students should take an oath similar to the hippocratic oath taken by doctors. In order to do this, jasso examines the underlying definition of management and whether it is a practice in the same way as law or medicine. After coming to the conclusion that management is both an art and a science, jasso concludes that management is a profession even without an mba. The main takeaway is that an oath is redundant because ineffective managers will not prosper when the consumer and investor demands the best value.
