Business Studies, asked by choudhuryramakanta12, 9 months ago

What's modern Management Theory?​

Answers

Answered by manjunath7506
1

Answer:

Modern management is characterised by using MS/OR techniques that are used by decision makers in order to make better decisions. In agile management, decision makers need effective means for accessing these techniques, without necessarily being experts in mathematical programming, simulation and other methodologies.

Answered by beingvivek890
0

Answer:

Modern management theory refers to emphasizing the use of systematic mathematical techniques in the system with analyzing and understanding the inter-relationship of management and workers in all aspect. It has following three Streams- Quantitative Approach. System Approach. Contingency Approach.

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