Briefly discuss the relevance of mcgregors theory

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Question: 1. McGregor proposed that there are two fundamental approaches to managing people. Many managers apply theory X and generally get poor results, while enlightened managers use theory Y, which produces better performance and results. Briefly discuss the relevance of McGregor's Theory X and Theory Y in managing contemporary workers in an organisation.

2. Business organisations operate in an ever changing and complex environment. It is therefore vital for the organisation and management to take cognisance of factors which impact on the organisation's competitive advantage and longterm sustainability. Apply the role of Porter's five forces in analysing the business environment and competitive advantage of the company.

Reference no: EM132779621

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