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Illustrate and elaborate on the evolution of management thought from the pre-scientific management period to the neo-classic theory according to Erasmus (2019).
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- Why do demographic shifts and technological developments create both challenges and new opportunities for business? Can managers in business firms control the elements in the external environment, or do they simply have to react to changes that are beyond their control? Give examples that support your conclusion. Describe in general terms how each element of the external environment (economic, technological, socio-cultural, political-legal, global, and business) affects business firms.How has the role of management changed (traditional vs. contemporary)?Which Change Management Model do you prefer and Why?
- Which statement best describes management?Discuss the challenges and opportunities presented by globalization and the digital age in the context of management. How do businesses and managers adapt to a rapidly changing global landscape and emerging technologies?Describe scientific management. How was scientific management different from management techniques that came before it?
- subject: strategic management How did the Internet and digital technologies affected the five forces (Porter’s Five-Forces) of almost every industry?Plato said that "knowledge is power." Do you think it is valid and true? Why? How does it relate to your personal experience.“AI is interdisciplinary in nature and its foundations are in various fields.” Provide the statement with valid reasons.
- Identify and describe the levels of management, including the various types of decisions managers at each level make.How has the role of management evolved over time, and what are the implications for future management theories and practices?Why do you think people describe the hospitality industry in one of the most culturally diverse industries in the world? What should diversity and inclusion mean to hospitality managers/supervisors? How should this shape their practice or personal management philosophy?