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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 2 / 557 | 
                
    
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It applies to the organization, powers, duties and its functions. In relationship to organizations today we do see that there is a rigid form of rules and power being installed by organizations such as the Unity of command. Also we as modern day man do draw much reference to Fayol's scalar chain and centralization...
        
        
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Our government system is a good example of this kind of organization which is lead by rules and specialization of jobs. For example the public transport service.
In conclusion I would say that the theories of the past do have much relevance to our modern day society thus giving us more efficiency and effectiveness which leads to greater productivity...
        
        
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