The history of management thought can be grouped into three basic approaches: classical approach to management theory, behavioural approach to management theory and management science approach. Management has grown in leaps and bounds from a virtually trivial subject in the past centuries, to one of the most essential topics.
Traditional process of learning is either through observation and experiment. Nature or environment is considered uniform and when we observe certain phenomenon or events uniformly leading to the same result or results, we conclude a cause and effect relationship between the two. This is learning by observation or in other words by experience. Earlier thinkers …
Contemporary theories of management tend to account for and help interpret the rapidly changing nature of today’s organizational environments. As before in management history, these theories are prevalent in other sciences as well. Read the full article for details of the following: Contingency Theory Systems Theory Chaos Theory Format: HTML | Size: 19 Source: Free …