The best way to learn the basic nitti-grities and the laws of management is in a small organization. It goes like this, every day, every moment, every phone call, you will come across new problems and new case scenarios and nevertheless you tend to devise new formulas or remedies.
Every work is handled by you, you supervise everything, you tend to think more, you devise better ways of working and in short you become more adapted to the management fundas.
Atleast it has given me more exposure while working in a small organization. I have worked (even though for a small period of times) with big organizations of 500+ employees and governmental organizations, where you follow protocols. But the things I have learnt in this small organization, far outweighs that from the rest.
According to me everyone should, atleast a couple of years work in such a miniscule organization, so as to polish his/her management skills. This experience will especially work for people who are to appear for a MBA entrance, or putting together a resume to put it on with the adcom of various reputed institutions. It works out nicely as an added work experience and at times of interviews as real case study, from which you can answer things you have learnt.
Hope that this has been of help to someone, so do keep joining the new upstarts and smaller organizations.
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