Why is it important for managers to study theory?

To discover different ways to improve their company's performance and worker satisfaction

To appear more educated and therefore have a better chance of getting promoted

To learn how and why managers and organizations have succeeded, failed, or changed what they did over time

Select the correct response to the following question.

Who among the following were the earliest people to study management?

Nineteenth$-$century industrialists and mathematicians

Ancient Egyptians and Sumerians

Ancient Chinese

Ancient Greeks and Romans