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Sample Essay on Evolution of Management Thought and its Contribution to Management Practices in Contemporary Institutions

Evolution of Management Thought and its Contribution to Management Practices in Contemporary Institutions The evolution of management thought is deeply rooted from the theoretical structure of management. Various schools of management thought began late in the 19 th century; this study has been evolved through several stages, as the scholars and practitioners were working in different periods. Over the years of practice, management scholars have been seeking various ways to organize and classify the unlimited information on management. They were being collected as well as disseminated, in order to classify and identify the different areas of management thought. In this connection, numerous schools were being established such as classical, behavioral, quantitative or management science schools, as well as the systems and contingency schools. The formal study of management during the twentieth century became a phenomenon in to some extent. Furthermore, the classica...