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Discuss The Importance Of Management Theories

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Management theory
We can define the management theories as a group of policies, ideas, and procedures that help the management to manage the business. Also, management theories help the managers to know and clearly stating the overall organization’s goals and targets and define the ways to how to achieve these goals in the effective and professional way. Management theories help the managers to know to motive the staff to lead them to achieve the assigned goal.
Importance of Management Theories in the Business and management
Management theories are essential to any business or organization as they assist the top management to know more and understand more their staff and also learn the management the ways to how to motive their staff to achieve the assigned target. Management theories assist the top managements to set motivation plans to increase the staff productivity which will lead to enhancing the overall performance. Management theories learn the manager how to effective leaders as these theories give the solution to any business issue that can face the manager and give also the solution to how to deal with the staff to obtain from them the desired target with full efforts from them. Management theories help …show more content…

Complexity and interdependence of the relationships within the organization are the main concern of the theory. Understanding the complexity of the system organization is critical as it helps in developing the best management strategies suited for that organization. In the contemporary workplace, the different systems are the several departments within organizations in which they all work at achieving the organizational goals and objectives. Likewise, the community that surrounds the organization plays an important role in the success of the organization. Other types of systems are the partners, suppliers and the customers of the organization (Curlee, & Gordon,

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