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Consider the following statements regarding the characteristics of Modern Management Thought, specifically the Systems Approach: Which of the above statements is/are correct?

  1. It is considered a "Multivariable" approach because it recognizes that an event can be the result of a single cause and effect relationship.
  2. It is an "Adaptive" approach because it treats the organization as an open system that must continuously adjust to its external environment.
  3. It is a "Multidisciplinary" approach that integrates ideas from various fields like psychology, sociology, and economics into management theory.

    AAll

    Bi, iii

    Ci, ii

    Dii, iii

    Answer:

    D. ii, iii

    Read Explanation:

    • The "Multivariable" characteristic of modern management thought assumes that an event is the result of many interrelated and interdependent factors, not a single cause-and-effect relationship.


    Related Questions:

    Which statement accurately reflects the distinction between management and administration?

    What is the most accurate implication of this statement?

    1. The principles of management are only applicable to industrial and business organizations.
    2. Management is applicable to all types of organizations, from families and schools to government departments and military organizations.
    3. Management is a process that has remained unchanged since ancient civilizations and has not been affected by new theories or technologies.
    4. The core functions of management (planning, organizing, etc.) are the same everywhere, but the way they are implemented may vary depending on the organization.
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      Consider the following statements regarding the evolution of management thought: Which of the statements is/are correct?

      1. The Human Relations Approach emerged as a direct extension and refinement of the Classical Theory, primarily focusing on improving the technical skills of workers.
      2. Pre-scientific management saw the application of management principles in ancient civilizations, but a formal theory of management became necessary only after the Industrial Revolution due to increased industrial complexity.
      3. The Modern Theory, or Systems Approach, views an organization as a closed system, emphasizing internal efficiency over external environmental adaptation.

        Consider the following statements regarding the principles of organization: Which of the above statements is/are correct?

        1. Unity of Command is the principle that an employee should receive orders from only one superior, which prevents confusion and conflict.
        2. Unity of Direction is the principle that all members of the organization should work towards a common goal under a single plan, which facilitates coordination.
        3. Scalar Chain refers to the chain of command that runs from the top of the organization to the bottom, linking all members.