Answer:
Explanation:
The Classical Perspective of Management
The classical perspective of management, which emerged from the Industrial Revolution, focuses on improving the efficiency, productivity, and output of employees, as well as the business as a whole. However, it generally does not focus on human or behavioral attributes or variances among employees, such as how job satisfaction improves employee efficiency.
Contemporary management approaches:
Classical, Behavioral and scientific management approaches tend to focus more on the internal workings of organizations. The contributions of each school's of thought are still being applied today. However both researchers and practitioners are now giving more attention to interaction of the organizations with their external environment. The contemporary approaches to management include:
1. The Systems Theory
2. The Contingency Theory
a. Contingency theory of management
Can you give more text of the question?
Answer:
The production of stocks.
