Toward the end of the Industrial Revolution, in the late 19th century, several university programs offering management and business education were founded, including the Wharton School at the University of Pennsylvania. Establishment of these programs
A) required federal government funding.
B) was an acknowledgment of management as a formal discipline.
C) was expected under the administrative management approach.
D) occurred despite the inability of quantitative management to accurately model management problems.
E) reflected economies of scale.

Question

Quizplus · Accepted Answer

The establishment of university programs offering management and business education in the late 19th century was an acknowledgement of management as a formal discipline. This was a significant development as it recognized the importance of management education in preparing students for business leadership roles.

Toward the End of the Industrial Revolution, in the Late