Question no 73: What are the disadvantages of classical management theory, particularly concerning its view of employees?
Answer: Disadvantages include the tendency to neglect human aspects of factory operations, treating employees as tools for production. Overreliance on monetary motivation may not align with modern business needs. Repetitive tasks due to specialization may lead to employee boredom.
Question no 74: How does classical management theory align with or differ from contemporary management practices?
Answer: Classical management theory provides a structured approach to management, but it may not fully align with contemporary practices that emphasize a holistic view of employee motivation and engagement, considering social, psychological, and job satisfaction aspects in addition to efficiency and productivity.
Question no 75: What is the primary focus of modern management theories, and how do they differ from classical management theories?
Answer: Modern management theories take a holistic approach, considering factors like strategic planning, innovation, organizational culture, and adaptability. They aim to align organizational goals with employee values, fostering a more engaging and effective work environment. In contrast, classical management theories primarily focused on efficiency and productivity, often neglecting social and psychological aspects.
Question no 76: Can you explain the key points related to the quantitative approach in management?
Answer: The quantitative approach focuses on problem-solving, utilizing mathematical and statistical formulas to address complex managerial issues. Techniques include Theory of Probability, Linear Programming, Sampling Analysis, and others. While it offers a systematic method for solving problems, it requires human decision-making to determine the best course of action based on quantitative analysis.
Question no 77: What are the advantages and disadvantages of the quantitative approach in management?
Answer: Advantages include providing a systematic method for solving complex problems and efficiency in finding solutions. However, it lacks decision-making capabilities, and managers must make decisions based on the quantitative data and insights generated.
Question no 78: What are the key characteristics of the system approach in management, and how does it view organizations?
Answer: The system approach sees organizations as cohesive assemblies of interacting components. Characteristics include specific components, interconnectedness, influence by a super system, goal orientation, and interdependence. This approach emphasizes understanding the dynamic interactions among components.
