This school of thought is actually divided into two different approaches—scientific school and administrative school. These theorists laid down the foundations of managing an organization following certain principles. (more…)
What are the Different Approaches to Classical School of Management?
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What is the Use of Delphi Technique for better Managerial Judgement?
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The word ‘Delphi‘ has come from Greek. In Athens of Greece during ancient times, it was a convention to consult an oracle representative of God Apollo who was believed to have contact with God. During that it was only the priest who could only interpret the advice given in the oracle. (more…)
What are the Limitations of Planning in Organisations?
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Even though planning is an all-pervasive and a primary function of management, planning is subject to certain limitations. Without proper understanding of such limitations, planning may result into futile exercise. (more…)