The First Person to Identify the Major Functions of Management

question 82

True/False

The first person to identify the major functions of management was Henri Fayol.

---

Definitions:

Global Competition

The dynamic rivalry between companies from different countries in the global market, involving price, product quality, and customer service.

Social Institutions

Structures or mechanisms of social order and cooperation governing the behavior of a set of individuals within a given community.

Moral Standards

Principles concerning the distinction between right and wrong or good and bad behavior.

Tech IQ

The ability to use technology and to stay updated as technology continues to evolve.