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Transcript of Managment Approaches
All decision made by management
External Rewards - carrot/stick approach
staff to follow orders Weber and Fayol
rules and procedures
planning, control & organising
lines of responsibility Role of Management Organise
Control management style participative or democratic Flexibility Dependent of situation May be a combination of both classical and behavioural Compare the Approaches In a constantly changing business environment, a business can be seen as a system of interrelated parts. Three levels to complex business Technical Institutional Management Business management and structure shoul depend on the business culture andthe nature of the operational tasks