Contemporary Management Semester One _ Without a study of management history, the study of management has no future.

• Answer (all) questions. Write an essay response to the questions. Your answer should be in the form of an argument either for or against the proposition. When constructing your argument you should make sure that you define your terms, that the reader knows your position and that you justify your statements.
•  World count for each question actually depends on how you answer them. Maybe one page long for each question, but as I just said it depends on how you answer them.
• This is an exam, so no need to use in-text references and also no post-reference list is necessary.
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• Question 1: Without a study of management history, the study of management has no future.

Management is the process of organizing people’s efforts to achieve the desired objectives and goals while effectively utilizing the existing resources. Management history refers to the development of the practices and concepts of management over the years and the evolution of the different roles of managers. Studying management history is very important to management students as it gives them a context to help them understand the current concepts. The students are able to understand the concept of management in the past and this facilitates their understanding of the present and the future management practices. Management history also provides lessons for the students about how organizations were run and the goals that people aimed to achieve. Moreover, the study of management history enhances the students’ skills in evaluation of evidence and critiquing previous theories.

The students are also able to get an overview of the advancement of the economy and this helps them to understand the industrial structure and how business strategies evolved. It also gives them a broader understanding of business concepts such as corporate culture, relations between businesses and the government, business ethics and technology. Management history offers examples of the immediate and long-term impacts of certain decisions on businesses. This helps modern managers to make decisions with the knowledge of their impacts. Therefore, they avoid the mistakes of past managers. Management history provides modern managers with real situations against which they can test management principles. It also provides students with an understanding of how people operated under various historical management influences and constraints. This gives them an insight on how to manage their employees.

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