1. The practice of management is as old as human civilization.
2. The progress of mankind over the centuries is attributed to the effective management of resources.
3. The irrigation systems, existence of public utilities, constructions of monuments e.g. Egyptian pyramids, Taj Mahal in India, demonstrates the practice of management in olden days.
4.The ancient civilization of Mesopotamia, Greece, Rome and Indus valley, displays the results of good management practices.
NB: The study of management in a systematic way as a distinct body of knowledge, is only of recent origin. It is therefore said that management is described as “oldest of the Arts and youngest of the sciences”.