This edition incorporates the many changes and reforms in South Africa with a direct impact on business management. The title centres on three major themes: What is a business enterprise? How is a business enterprise established? How is it managed?;Contemporary issues or examples from the South African business world are included where possible as well as new legislation affecting business management. "Business Management" meets the needs of tertiary academic institutions for an introductory work on the structure and principles of business management. At the same time it serves as a reference for training in other disciplines.