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The Evolution of Management Theories

The Evolution of Management Theories

Transitioning to the chronology of management theories, Professor Yang highlights ancient examples like Sun Tzu’s “Art of War” and Socrates’ philosophical insights. She then shifts to classical management theories, tracing their origins to the Industrial Revolution, notably with Adam Smith’s “The Wealth of Nations” in 1776. Henri Fayol’s “General and Industrial Management” further solidified these theories. European influence prominently shaped early management concepts.

Why is it important to understand the historical context of management theories?

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