Asked by Praveeni Sooriyamudali on Jul 21, 2024
Verified
Even though the way we manage work and organizations is changing, managers today can benefit from studying the history of management thought.
Management Thought
The study and application of theories, principles, and techniques concerning effective and efficient leadership and administration of organizations.
- Grasp the importance and benefits of studying the history of management thought for contemporary managers.
Verified Answer
JN
Jalen Neely-BaldwinJul 27, 2024
Final Answer :
True
Explanation :
Even though the way we manage work and organizations is evolving with new technologies and changing business environments, the history of management thought provides a foundation for understanding key concepts, theories, and principles that have shaped management practices over time. By studying the history of management thought, managers can gain insights into the evolution of management theories and practices, and how they have influenced modern management approaches. These insights can help managers develop a broader perspective on management as a discipline and make more informed decisions about how to manage their organizations effectively.
Learning Objectives
- Grasp the importance and benefits of studying the history of management thought for contemporary managers.
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