EVOLUTION OF MANAGEMENT THEORIES

A set of activities (including planning and decision making, organizing, leading, and controlling) directed at an organization’s resources (human, financial, physical, and informational) with the aim of achieving organizational goals in an efficient and effective manner.

It is the capacity of a company's management to set and achieve challenging goals, take fast and decisive action when needed, outperform the competition, and inspire others to perform at the highest level they can.

• Leading

• Controlling

• Organizing

• Planning and Decision Making

It refers to the transition from hand production methods to the use of different machines, new chemical manufacturing processes.

Why management is a science?

• Systematic decision making

• Principles of management are universally accepted.

• Process of management are universally followed

• All of the above

It is a process which measures and directs the actual performance against the planned goals of the organization.

• Leading

• Controlling

• Organizing

• Planning and Decision Making

It is a small group of executives who manage the overall organization, the strategic level.

It is a small group of executives who manage the overall organization, the strategic level.

It is a type of organizational structure that uses the principle of specialization based on function or role.

It is a large group that implement the strategies developed at the top.

It is the activity of reviewing and analyzing the performance of such processes to identify successes and problems.

• Controlling

• Monitoring

• Leading

• Planning and Decision Making