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20 December, 12:33

Because of radical changes to modern business practice, theoretical perspectives of management provide a historical context but unfortunately do not enhance understanding of the present. a) trueb) false

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  1. 20 December, 16:02
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    The given statement is False

    Explanation:

    Historical context always serves as the base for modern business practice. The radical changes which is happening in the business can be clearly understood from the historical context and it can even make the present business trend understands better.

    To connect this with a famous proverb, "Change is constant", so a change in business trend cannot be stopped, it actually shows the growth of the country / universe. Even if it changes, it has happened by studying and practicing the history of business only.
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