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Peter Ferdinand Drucker (/ ˈdrʌkər /; German: [ˈdʀʊkɐ]; November 19, 1909 – November 11, 2005) was an Austrian American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of modern management theory. He was also a leader in the development of management education, and invented the concepts known as management by ...
Evolution of management systems. This article outlines the evolution of management systems. A management system is the framework of processes and procedures used to ensure that an organization can fulfill all tasks required to achieve its objectives. After World War II, the reigning paradigm of product-oriented mass production had reached its peak.
Scientific management is a theory of management that analyzes and synthesizes workflows. Its main objective is improving economic efficiency, especially labor productivity.
Microsoft PowerPoint is a presentation program, [8] created by Robert Gaskins, Tom Rudkin and Dennis Austin [8] at a software company named Forethought, Inc. [8] It was released on April 20, 1987, [9] initially for Macintosh computers only. [8] Microsoft acquired PowerPoint for about $14 million three months after it appeared. [10] This was Microsoft's first significant acquisition, [11] and ...
Managerial economics is a branch of economics involving the application of economic methods in the organizational decision-making process. [ 1 ] Economics is the study of the production, distribution, and consumption of goods and services. Managerial economics involves the use of economic theories and principles to make decisions regarding the ...
Arthur G. Bedeian Arthur G. Bedeian (born December 22, 1946 [1]) is an American business theorist and Emeritus Professor of Management at Louisiana State University, known from his book coauthored with Daniel A. Wren, titled "The evolution of management thought." [2][3]
Daniel A. (Dan) Wren (born January 8, 1932) is an American business theorist and Emeritus Professor at the University of Oklahoma, especially known for his 1972 book coauthored with Arthur G. Bedeian, entitled "The evolution of management thought."
Edgar Henry Schein (March 5, 1928 – January 26, 2023) [1] was a Swiss-born American business theorist and psychologist who was professor at the MIT Sloan School of Management. He was a foundational researcher in the discipline of organizational behavior, [2] and made notable contributions in the field of organizational development in many ...