Managing Business Assignment

1. Why is it important to understand the different perspectives and approaches to management theory that have evolved throughout the history of organizations?

From the second e-Activity, suggest at least two (2) ways that your management style is likely to help or hinder you from being an

* Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The different approaches to management have been changed, fine tuned and discarded over the years. In the coming paragraphs we will take a look at the contemporary approaches. We will examine how they compare to each other as well as if they can be utilized in the three types of environments; internal, competitive and macro environment.

Locate four articles or books on your philosophy written by different management theorists and published in the past 5 years in academic literature. At least two must be from peer-reviewed journals. The articles or books may be theory articles, research articles, or a combination.

Management is defined as the process of coordinating work activities so that they are completed efficiently and effectively, with and through people (Robbins et al, 2003). Yet, despite all organisations sharing a common goal of producing an output in the most efficient and effective way possible, there is not only one best way for them to manage their organisation to accomplish this objective. While the establishment of the Scientific Management discipline by Frederick Winslow Taylor proposed that there is a universal ‘one best way’ (Taylor 1942) to manage all organisations, this was suggested under the assumption that such organisations functioned in similar environments, motivated by similar goals. Contrastingly, the Contingency Theory,

Management practice cannot exist without the support of a theory. The complex character of management as the scholarly discipline, the variety of opinions concerning the essence and content of management theory, require systematizing knowledge about this phenomenon. Management theory is a relatively new science since its systematic development and academic research has started mostly in the 20th century. Although it is difficult to name the most important theories and principles of management developed throughout all the history of management theory, since such views can be quite subjective, basing on the research it is possible to point out the ones that made the most considerable contribution to its development. This essay will tackle some of the key management milestones and point out their peculiarities, importance, and possible limitations.

A. What is your own theory of management? You can describe it in words or draw it as a model. First, I would like to define theory as “perspectives with which people make sense of their world experiences” and as “a systematic grouping of interdependent concepts (mental images of anything formed by generalization from particulars) and principles (generalizations or hypotheses that are tested for accuracy and appear to be true reflections or explanations of reality) that give a framework to, or tie together, a significant area of knowledge. (Stoner et. al. 1995, pp. 31-2)”. That said, I believe

The following analysis examines the organizational approach to management that I work for. Since many of the approaches to management are based on historical approaches to management, this article will analyze the differences and similarities between this approach and the historical ones. In addition, I will also talk about the efficiencies and inefficiencies of the approach contemplating on its impact on

Theory can be defined as a systematic depiction of an actual problem, often expressed as far as possible in mathematical terms (Wacker, 1998). It can be viewed especially in quantitative inquiry as a scientific prediction or elucidation for what the researcher anticipates to uncover (Creswell, 2014; p. 53). Theory helps us predict the outcome of our proceedings and to make effective judgment. Theories are utilized often by management practitioners to identify and try to solve practical issues affecting the practice. New management theories come from case studies and other inductive methods; from observation and attempt to decipher real-world problems; and theory building occurs during the process of trying to elucidate a phenomenon (Byron, and Thatcher, 2016.P 4). This approach is predominantly important in the field, where the desire for theory is to have a few practical applications in the area of management (Byron, and Thatcher, 2016, P. 4). Theory application effort is

The purpose of management is to utilize personnel, assets, and resources to complete a set of tasks in an effective and efficient manner. Managers have their own styles when managing projects and personnel, and many theories have been made since the nineteenth century to determine the best practices. In the nineteenth century during the Industrial Revolution, as employment in businesses grew, the need for management increased. Large business owners found a need for theory management in the workplace in order to effectively and efficiently produce results. Management became a profession as these theories became common-place in the workforce (Goddard, 2009).

34. Which of the following represent the two views of managerial impact on the success or failure of the organization?

This is a key component in business and has an impact on the strategic direction of business. Culture influences management, decisions and all the business functions. Business culture is related to business ethics and more. A business culture will involve as organization values, visions and work style. This is also important because this can make or break your business. Company cultures grow and change overtime. As employee leaves the company and replacement are hired the company culture will change. If it is a strong culture then it may not change much.

Management has been present in human society dating back to Sumerian temples and the building of the pyramids. However, it was not until early 1900s that the practice of management was given theoretic approaches. Five key management theories have been developed since then: scientific management, structural approach, human relations, systems approach, and contingency. Each approach was developed and influenced by the time period making a significant impact even on today’s modern management principles.

Word limit: 3500 words, plus a maximum of 12 pages of appendices. The title page, table of contents, diagrams, figures, tables, list of references and appendices are all excluded from the word