This article throws light upon the top eight characteristics of modern management thoughts. The characteristics are: 1. The Systems Approach 2. Dynamic 3. Multilevel and Multidimensional 4. Multi-Motivated 5. Multidisciplinary 6. Multivariate 7. Adaptive 8. Probabilistic. Modern Management Thought: Characteristic # 1. The Systems Approach: An organisation as a system has five basic parts: (1) Input, (2) Process, (3) Output, [...]
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