Learn the fundamentals of modern business management as you explore how business management practices evolved from the rise of large corporations in the late 1800s to today by considering the dependence of societies and economies on each other and by looking at how business owners begin their own international businesses.
The more complex an organization and its operations, the more active a role management plays. Successful management imposes a degree of order and discipline so that work can be accomplished efficiently, regardless of the size of the organization, how many countries it operates in, or how much of its work is performed virtually.
In this course, you will explore various theories of management throughout history. Learn about early management principles, including Frederick Winslow Taylor's scientific management theory widely practiced in the industrial age of the 20th century, and the shift to more contemporary, 21st-century approaches to management, which tend to be better-suited to knowledge-based industries. Finally, you will examine management from a global perspective.
- Unit 1: A History of Management Theory
- Unit 2: The Role of Social Networking in the 21st Century
- Unit 3: Historical and Contemporary Theories of Management
- Unit 4: Scientific Management Theory
- Unit 5: A Modern Look at Management
- Unit 6: The Global Environment
- Unit 7: Cultural, Economic, and Legal Factors
- Describe the history of management theory to see how various theories have developed over time to the present day;
- Describe the effect of globalization on operating, growing, and managing a business; and
- Analyze the impact of globalization on management.