After reading this article you will learn about the evolution of banking during different periods. Ancient Period: Any effort to trace the roots of banking or history of banking in an authenticated written form may perhaps always remain incomplete as in one or the other way the functions of a bank always existed right from the day human race came [...]
After reading this article you will learn about the evolution of insurance industry. The insurance industry as we see it today is modern and advance stage which has been attained in a phased manner over a long period. Insurance is basically a financial service as such it grew up like a financial sector on the analogy of banking. Like banking [...]
Role of Taylor and Fayol in the Evolution of Management! Introduction to Role of Taylor and Fayol in Management Evolution: Before we proceed to describe the evolution of management in the neo-classical period, i.e., 1930-1960, let us describe the role of Taylor and Fayol in management evolution. The industrial revolution brought about radical changes in the methods and techniques of [...]