Business Studies, asked by ikhlaas2440, 1 year ago

Describe the various approaches to the evolution of management thought

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Answered by Ruchika08
1
Hey,

The approaches are: 1. The Classical Approach 2. The Behavioral Approach 3. The Quantitative Approach.

1. The Classical Approach:-

The classical school represented the first major systematic approach to management thought. It was distinguished by its emphasis on finding way to get the work of each employee done faster. It is primarily based upon the economic rationality of all employees.

This evolved that people are motivated by economic incentives and that they will rationally consider opportunities that provide for them the greatest economic gain. The classical school can be broken down into three historical philosophies of management.

These are:

A. Scientific management,

B. Administrative management approach, and

C. Bureaucratic model.

Standardisation of Working Methods:-

For doing any job, the best method should be found out. Taylor invested Motion study (now called method study) techniques for this purpose. In this, the method of doing a job is scientifically studied. The waste efforts are eliminated. This leads to savings in human efforts.

3. Establishing the Standard of Performance:-

Taylor said that production time for each job should be found out scientifically. For this he invented time study techniques. Here the job is broken into elements. Each element is termed separately, and the total time for the job is found out. This will help to plan the daily work of each worker.

HOPE IT HELPS YOU:-))
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