Theories of Management: Towards an Effective Theatre (Business) Management

Abstract

Capital is an essential factor in any business organisation. But beyond this factor, businesses require human factors to thrive. Among other factors necessary for a successful business is managerial inputs and administrative know-how, management/administration then becomes the life wire of any business organisation. Like other businesses, the theatre business requires the ingenuity of a creative manager who has a lion heart to break even. Profit  and at least, sustenance in the modern business is on the decline today because most managers fail to apply the right principles of management. This paper then tries to explore the theories/principles of management in the light of effective theatre (business) management.