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Management Theory & Practices (CONTEMPORARY APPROACHES)
Essay specific features
Written by:
Tracy R
Date added:
September 27, 2013
Level:
University
Grade:
A
No of pages / words:
4 / 983
Was viewed:
6818 times
Rating of current essay:
Essay content:
Computers have facilitated the development of scientific quantitative methods.
EXAMPLES: - Statistical decision theory, breakeven analysis, simulation, for casting inventory modeling, etc.
Reasons of the limited use of approach:
Managers do not depend on the technique & use it only as supplement & a tool in decision making & the reasons are:
– Many managers will use results that are consistent with their experiences, intuition (sixth sense), and judgment and they may reject results that contradict their beliefs...
displayed 300 characters
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ORGANIZATIONAL BEHAVIOR
During the 1950’s a transition [change] took place in the human relations approach. Scholars begin to recognize that workers productivity & organizational success are based on more then the satisfaction of economic or social needs. The revised prospective, known as organizational behavior, studies & identifies management activities that promote employee effectiveness through an understanding of a complex nature of individual, group & organizational process...
displayed 300 characters
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