Which of the following statements accurately describes the role of management history relative to contemporary management thought?

A) Since the world of work and business continues to change, managers have little to gain from studying the history of management thought.
B) Many modern management concepts have parallels in some of the historical management writings.
C) Contemporary managers are trying to reinvent management practices.
D) There are no useful lessons to be learned from historical management principles.
E) c and d

Question

Jonathan Valdovinos · Accepted Answer

Final Answer : B, Explanation :  Many modern management concepts, such as motivation theories, leadership styles, and organizational structures, have parallels in historical management writings. Therefore, understanding the history of management thought can provide valuable insights for contemporary management practices.

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