Since "Unit 2" in a Principles of Management course usually covers Evolution of Management Thought
Classic Theory: Herbert Simon’s “Bounded Rationality” – we can’t know everything, so we “satisfice” (choose good enough). principles of management unit 2 ppt
Planning is widely regarded as the primary function of management because it precedes and dictates all other functions, such as organizing, staffing, and controlling. It is the intellectual process of deciding in advance what is to be done, when, where, how, and by whom. 1. Nature and Purpose of Planning Since "Unit 2" in a Principles of Management