Tuesday, January 7, 2014

The Practice and Study of Management

The systematic study of management did not begin in earnest until after 1900. The Egyptian pyramids required managed effort. Management has not had a systematically recorded body of knowledge until recently. Today, vast amounts of relevant information are readily available in print and electronic media.
An Interdisciplinary Field: The manifold increase in management theory information is due largely to its interdisciplinary nature in drawing from several fields (e.g., psychology, mathematics, economics, history, and engineering).
There are several approaches to the theory and practice of management no universally accepted theory of management. .
The universal process approach
The operational approach
The behavioral approach
The systems approach
The contingency approach

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