Question

Which of the following is a key benefit of studying theoretical perspectives on management? They serve as a guide to action and a source of new ideas. They are effective cost-reduction tools. They emphasize diversity. They are effective synergy-building approaches. They build a strong family-type culture.

Answer 1

Answer:

A). They serve as a guide to action and a source of new ideas.

Explanation:

Theoretical perspectives primarily aim to illustrate the management theory that is focused towards the role of efficient employees in enhancing the productivity of an organization through quantitative or qualitative approaches.

As per the question, the key benefit of studying management theoretical perspectives is that 'they serve as a guide to information and a source of new ideas'. These theories help in effective decision-making and management that helps to run the organization appropriately and attain the desired goals. It not only assists in managing the staff constructively but also in implementing the strategies productively. Therefore, option A is the correct answer.