Question

Need for unified global theory

Answer 1

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Toward a unified global theory of management. The framework of planning, organizing, staffing, leading, and controlling (with some slight variation at times) has become the most popular way of structuring managerial knowledge. ... One major result of all this has been a new emphasis on strategic management. ❤️

Answer 2

In the field of Management,there has been increasing emphasis on combining all the major components into an unified core structure of managerial study or theory for a better understanding of the subject matter.

Explanation:

With the increasing prominence of management studies across the world,both from academic and occupational perspectives,there is greater need to come up with an integrated approach to study and comprehend the subject or discipline.Management Studies itself is a comprehensive discipline which encompasses innumerable attributes of practical and occupational success such as leadership skills,communication skills,interpersonal capabilities,organisational insights,public speaking,team management and much more which are essential to be successful in any profession in the long run.Therefore,it is not only concerned with only development of managerial skills and resources or endowments to become a business owner or manager but includes all these additional attributes as well.This implies that management has increasingly become an integrated discipline which demands the formulation of an unified notion or theory to better understand the practical implication of the subject.Management Studies as taught in various schools and colleges in various countries,also collectively acknowledge the integrative and comprehensive nature of the subject matter and therefore,emphasize on an all inclusive theoretical structure that will benefit the management students in the future.Students of management studies now hold various organisational positions or designations having multitude of skills and talents and will continue to do so in future as well and in this regard,an unified global theory can guide them better in their academic as well professional pursuits.