In this first week, we learned about how management theory has changed over time. We also briefly examined the four functions of management in preparation for more in-depth study in the weeks to come. Finally, we began an in-depth look at the function of planning including the different types of plans, the planning process, and the importance of planning to effective management.
Compare the application of each of the four functions of management in terms of how it might be different 25 years ago, based on the evolution of management theory.
