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Em207 velasco marie anne n management theories and practices report

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Republic of the Philippines Laguna State Polytechnic University San Pablo City Campus Del Remedio, San Pablo City GRADUATE STUDIES AND APPLIED RESEARCH A.Y. 1ST SEMESTER, Third Shift 2020-2021 Course Code: EM 207 Course Title: Schools Executive Development Topic: Management Theories and Practices Sub-Topic: Classical Management Reporter: VELASCO, MARIE ANNE N. Professor: TERESA M. YAMBAO, Ed.D. Classical Management • It is based on the concept that workers need only physical and economic needs. It does not include social and job satisfaction of the workers. • Classical management theory has the main aim to maximize the profit of the company. • Classical management theory is developed in the 19th century to increase the productivity of the workers. But it was gained the attention in the 20th century. • It was developed during the industrial revolution when problems related to factory systems began, to recognize the role that management plays in an organization particularly focusing on the efficiency of the work process. • Classical approach of management professes the body of management thought based on the belief that employees have only economical and physical needs and that the social needs & needs for job satisfaction either does not exist or are unimportant, (Muchhal, 2013) Republic of the Philippines Laguna State Polytechnic University San Pablo City Campus Del Remedio, San Pablo City GRADUATE STUDIES AND APPLIED RESEARCH A.Y. 1ST SEMESTER, Th ...
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