Asked by: Riahi Besnier
business and finance business administration

Do I understand the meaning of management and its evolution?

Management and its evolution. In simple words, management means utilising available resources in the best possible manner and also for achieving well defined objectives. It is a distinct and dynamic process involving use of different resources for achieving well defined objectives.

Also, what is the meaning of evolution of management?

The evolution of management thought is a process that started in the early days of man. It began since the period man saw the need to live in groups. Mighty men were able to organize the masses, share them into various groups. The sharing was done accord to the masses' strength, mental capacities, and intelligence.

Secondly, why is it important to understand the evolution of management theories? The Importance of Management Theories Management theories help organizations to focus, communicate, and evolve. Management theory also allows us to better communicate with people we work with which in turn allows us to work more efficiently.

Beside above, what is the evolution of management theory?

Management theory originated with "scientific" and "bureaucratic" management that used measurement, procedures and routines as the basis for operations. Organizations developed hierarchies to apply standardized rules to the workplace and punished workers for not following them.

What do you mean by management thought?

Definition: Management Thought Management is defined as the art of getting things done by making the best use of available resources. These, when clubbed together, are called Management Thought.

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