Given below are two statements. read them carefully and choose the correct answer from the given options.

Statement 1: Although modern organisations are of recent origin, organised activity has existed since the time of the ancient civilisations.

Statement 2: Organisations may be considered the distinguishing feature that separated civilised society from uncivilised ones.  

Statement 3: The earliest management practices were a set of rules and regulations that grew out of the experiences of governmental and commercial activities.

All statements 1,2 and 3 are correct

Management is as old as civilisation. Although modern organisations are of recent origin, organised activity has existed since the time of the ancient civilisations. In fact, organisations may be considered the distinguishing feature that separated civilised society from uncivilised ones. The earliest management practices were a set of rules and regulations that grew out of the experiences of governmental and commercial activities. The development of trade and commerce gradually led to the development of management principles and practices.