Organization and Management of Railway

Railways(or railroads) is one of the first organized systems (as we see them today) in the world. It has made some really important contributions to management, one of the foremost being the railway timetable in the US which led to the US timezones. Railways is also one of the first organizations which made the world recognize the power of the private enterprise. Many of the early millionaires in US made money from railroads ( eg .