The Managerial Revolution led to the rise of the modern business Enterprise. The managerial revolution is best described in 4 stages of development and change; the pre-industrialization stage, the early industrialization stage, the railroad building stage, and the coming of the managerial Revolution. These stages help understand the coming of the Managerial Revolution.
             According to Chandler, During the Pre-Industrialization period "general merchants ruled the economy. In this economy the family remained the basic business unit. The most persuasive of these units was the family farm"(Chandler, 17). The family farm was a simple family business structure in comparison to modern business structures. The Family farm had very simple, traditional ways, for Production and Distribution of its crops. During the Pre-industrialization stage, and the early industrialization stage, the market was the primary mechanism for the production and distribution of goods and services. The family farm, and the plantations in the south where slaves worked the fields, was a very important part of the pre-industrialization period. A class of managers developed on the plantations helping to enter the early industrialization period.
             The early industrial period led to specialization, transportation, and communication. During the early industrial period, plantations began to grow excess crops, textile mills became more prevalent, and the business units began to use forms of large-scale production. This large-scale production led to the increase need for communication and transportation. The railroad companies, and telegraph companies, were the first modern enterprises in the United States. Their fast growth was due to the need for efficient, dependable, communication and transportation. According to chandler "Of the new forms of transportation the railroads were the most numerous, their activities the most complex, and their in...