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Management Principles Name Institutional Affiliation Management Principles Management refers to the directing and controlling various stakeholders of the business or the organization to achieve a common objective. Regarding the theory of the Directorate, requires a careful structuring of the principle and practices to provide an efficient guide for the performance of the business. It includes a range of approaches stretching through appropriate management of finances, operations, labor, investments, times management, and governance. About the concept of the directorate, it entails the careful laying down of procedural steps taken by the managerial authority and employees towards attaining a set objective. Thus, this paper addresses management and leadership through the case study of Chipotle Mexican Grill (CMG). Industry and Competitive conditions of CMG CMG is a chain of restaurants distributed in the United States, UK, and Canada trading on the New York Stock Exchange. Founded in 1993 by Steve Ells, the company is constantly on a slow-down of stock sales. According to a report in 2012, the stock price declined to $285.93 a significant reduction from the previous value of $442.40. Comparatively, its foundation saw a great success and being at the top of the Wall Street attracting both the investors and the customers. Factors contributing to the success include the fast growth rate and sizeable profit margins. Additionally, the coming up with the mission of “Food with Integrity” highlights the use of naturally-grown ingredients including meat, dairy and organic produce, which attracted customers. The opening up of the Initial Public Offering (IPO) in 2006

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