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Essay on Management Theory (DOC)

   

Added on  2020-10-22

9 Pages2478 Words180 Views
Essay on management theory

Table of ContentsINTRODUCTION...........................................................................................................................1Main body........................................................................................................................................11. Essay on classical and neoclassical approaches to organisation using relevant theory..........12. Identify and assess the forces that will shape organization structure in the future.................4CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7

INTRODUCTIONManagement is base on the theories because that are plays an effective role inorganisation to develop its structure for future growth (Chowhan and Shekhwat, 2015). Reportwill divide into two theories that are classical and neo classical theory. Both theories will help togrowth of company. Classical includes the henri fayol's and neo classical includes theMcGregor's theory. It is also highlighted by the forces which are help to future growth of thecompany. Main body1. Essay on classical and neoclassical approaches to organisation using relevant theory.Classical management theory is based on that belief workers only has physical andeconomic needs. It centralized the leadership and decision making, its profit maximization (Daft,2015). Classical theory include the Henri fayol's management theory is simple model ofmanagement to interact with personnel. This theory help to manage the productivity of business.This theory can apply in all the businesses can apply this theory to increase their productivitythrough production. That include the 14 principles of management. That are division of work,authority, discipline, unity of command, unity of direction, subordinate of individual,remuneration etc. These principles help to M&S in five basic ways in order to control and planproduction.PlanningPlanning is important part of the organisations. This help for making effective plan andschedule for every days and part of industrial process. By planning management id able to makeeffective plan for work. It can reduce the wastage of time and help to improve productivity.OrganizingPlanning a manufacturing process, management also organise their uses of resources(Fayol, 2016). Planning help to organizing the resources like raw material, human resource andother, this will help to management effectively uses of resources and come together at theappropriate time of production. Company uses the resources properly then they can improve theirproductivity of goods. Commanding1

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