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About Business Management-1
1. Management involves getting work done through others and balancing centralization and decentralization of decision-making power. It is both an art and a science, dealing with unpredictable human behavior. 2. Classical management theory focused on increasing productivity and efficiency through rationality and scientific principles. Neoclassical theory emphasized the human element and considered employee satisfaction. Modern approaches use quantitative tools and systems theory to solve complex problems in dynamic environments. 3. Management functions at different levels include determining objectives, planning operations, motivating employees, and evaluating performance to achieve organizational goals through leadership and integration of resources. Scientific management separated planning from doing work and introduced functional foremanship and work study to maximize efficiency.
Detailed Information
| Author: | ['Power'] |
|---|---|
| Publication Year: | 2023 |
| Pages: | 6 |
| Language: | English |
| Format: | |
| Price: | FREE |
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