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Business Management Theories Introduction * Explain the role of management Management is a process concerned with coordinating and integrating work activities to achieve the goals of a business, with and through other people. Successful management is about achieving goals. Effectiveness is management is about achieving goals. Efficiency is concerned with the relationship between inputs and outputs. Effective management invariably results in business success, while ineffective management often results in business failure. Body How the old management theory contributed significantly to the problems Sparks faces. Understanding management theories is vital to managers who are concerned with practical issues such as efficiency and productivity. They provide managers with a theoretical perspective at the nature and responsibilities of management within a changing environment. Features of Classical-Scientific Theory Scientific management focused on functions of management. Management functions were grouped on the basis of whether they were concerned with planning, organizing or controlling. It was believed that efficiency and productivity would...

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