Management is one

Taylor's scientific management theories leave executives accountable to scientific processes, instead of simply relying on their judgment. When management strategies are implemented, others in the company can test the effectiveness of these strategies and determine if they are truly effective. This discourages management from making decisions purely on whim and instead encourages management to make scientifically proven changes that increase worker productivity.

Adapt to Global Changes

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  Globalization theories take into account changes occurring throughout the world and how these changes influence business. The globalization theories hold that the business world is becoming increasingly more interconnected and many enterprises are engaging in business with other international companies, investing, hiring overseas workers and handling overseas distribution chains. Globalization is partially driven by the development of informational technologies such as the Internet.