Q. Who among the following gave the “Theory of ‘Invisible hands’ in Management ?
Answer: Adam Smith
Notes: The "Theory of 'Invisible Hand'" was introduced by Adam Smith in his seminal work, "The Wealth of Nations" (1776). This concept suggests that individuals pursuing their own self-interest inadvertently contribute to the overall economic well-being of society. Smith's idea laid the foundation for classical economics and emphasizes the importance of free markets. Philip Kotler is known for marketing principles, while C.K. Prahalad focused on business strategy and innovation.