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Archaeological evidence indicates that ancient Egyptians were brewing beer and other fermented beverages over 4000 years ago.In the mid-19th century,French scientist Louis Pasteur discovered and explained the source of fermentation using yeast.This example illustrates that
Hierarchy of Authority
An organizational structure where every entity in the organization, except one, is subordinate to a single other entity.
Efficiently
means accomplishing a task or completing a process in a way that maximizes productivity with the minimum wasted effort or expense.
Contemporary Management
Involves current practices, strategies, and technologies used by managers to achieve organizational goals and address modern challenges.
Management History
The study and examination of historical developments and practices in the field of management over time.
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