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25. List the four major approaches to management and write short notes about them.

5. In your own words, describe the six strategic management processes.



Answer :

GinnyAnswer

Final answer:

The four major approaches to management are Classical, Behavioral, Quantitative, and Contingency, each offering different perspectives on managing organizations effectively.


Explanation:

Four Major Approaches to Management:

  1. Classical Approach: Focuses on principles to manage organizations efficiently. Example: Henri Fayol's principles of management.
  2. Behavioral Approach: Emphasizes the importance of understanding human behavior in the workplace. Example: Hawthorne Studies.
  3. Quantitative Approach: Utilizes quantifiable data for decision-making. Example: Operations research.
  4. Contingency Approach: Suggests that there is no one best way to manage; it depends on the situation. Example: Vroom and Yetton's leadership model.

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