In page navigation


Updated: Aug 20, 2021

Those people who, collectively or individually, are responsible for running a business or organization. Management is [ usually broken down into specific parts, e.g. works management, personnel management, sales management, etc. The British Institute of Management, established by the Board of Trade in 1964, is an overall body which claims to represent all the various elements; it promotes courses and is involved in the dissemination of information. The Institute offers membership to (1) those who have achieved a position of respect in the world of management – these are made fellows (F.B.I.M.); (2) those who these are made associate members (A.M.B.I.M.). Other members are known as M.B.I.M. Members are often colloquially referred to as the ‘BIM boys’.

Reference: The Penguin Business Dictionary , 3rd edt.

Sources & references
Risk disclaimer

Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >

James Knight
Editor of Education
James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the… read more.