Asked by Maria Fathallah on Sep 26, 2024
Verified
The only universally accepted theory of management is the systems approach.
Systems Approach
A holistic perspective that considers all components of a system and their interactions to understand or solve complex problems.
Management Theory
A collection of ideas and principles that provide a framework for effective management and organization of businesses and other enterprises.
- Understand the basic principles and theories of management, including the systems approach.
Verified Answer
LS
lilian sorianoabout 20 hours ago
Final Answer :
False
Explanation :
While the systems approach is a widely recognized and applied method of management, it is not the only universally accepted theory of management. There are several other theories and approaches to management, including contingency theory, behavioral theory, and human relations theory.
Learning Objectives
- Understand the basic principles and theories of management, including the systems approach.
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