For the first time, a classic but enduring value in the field of organization theory is being translated into Greek - first published in 1958. Since its release in the 1950s, it has been referenced so frequently in the literature that the authors have written a completely new introduction for this latest edition.

Organizations are systems of coordinated action among individuals and groups, whose preferences, information, interests, and knowledge vary. This diversity, rather than leading to conflict, transforms into collaboration, mobilization of resources, and a combination of efforts so that the organization can survive along with its members.

Written by two highly significant researchers in organization theory, James March and Herbert Simon (Nobel Prize in Economics 1978), the book is now considered a classic and is essential for students of private business management as well as public administration and sociology.