Capability management in business Capability management in business Capability management is the approach to the management of an organization, typically a business organization or firm, based on the "theory of the firm" as a collection of capabilities that may be exercised to earn revenues in the marketplace and compete with other firms in the industry. "Capability Management" seeks to manage the stock of capabilities within the firm to ensure its position in the industry and its ongoing profitability and survival. Prior to the emergence of capability management, the dominant theory explaining the existence and competitive position of firms, based on Ricardian economics, was the
Master of Business and Management Master of Business and Management A Masters in Business and Management (MBM) is a general category of "master in business" or "master in management" degrees, usually pursued by students immediately after completing a bachelor's degree (which distinguishes the MBM from the post-experience MBA degree, which usually requires at least three years of work experience). Common MBM variations include MSc Management and MSc International Management. The MBM is open to graduates in all fields of the humanities, arts, engineering, science and business. It is designed to equip students with generalist managerial and leadership skills that will improve their practice and help