Management is pervasive to all organisations across size, characteristics and region. That is, all organisations whether large or small, working whether for economic, social or political interest and in any region need management. The only difference lies in how it is practiced by different organisations in different regions based on their culture and traditions. On the other hand, management is a dynamic process as it involves continuously adapting to the changing environment. As the external environment of the business comprising of social, economic and political factors is ever changing, the management must continuously adapt itself to the changing environment.