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scalar principle (M1)<br />Within organizations, this principle dictates that managerial authority and responsibility should flow continuously from the highest person to the lowest in the hierarchy.
Ancient Greeks (B1)<br />One of the earliest groups of writers on economic problems who, despite living in an underdeveloped economy mainly agrarian in character, discussed value, money, comparative property systems, the division of labour, exchange controls and public finance.<br /><em>See also:</em> Aristotle; Plato; villa economy; Xenophon<br /><em>Reference</em><br />Finley, M.I. (1985) The Ancient Economy, 2nd edn, London: Hogarth.<br /> Gordon, B. (1975) Economic Analysis before Adam Smith, London: Macmillan. Laistner, M.L.W (1923) Greek Economics, London: Dent; New York: Dutton.<br /> cient Greek economic thought', Journal of Economic Literature 17(March): 65 - 86.
tional trade', Journal of International Economics 9: 469-79.
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