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WHY STUDY MANAGEMENT THEORY ?
Theories are perspectives with which people make sense of their world experiences. Formally, a theory is a coherent group of assumptions put forth to explain the relationship among two or more observable facts.
First, theories provide stable focus for understanding what we experience. A theory gives criteria for determining what is relevant.
Second, theories enable us to communicate efficiently and therefore move into more and more complex relationships with other people.
Third, theories make it possible- indeed, challenge us to keep learning about our world
Case Study Methods ( In Depth Interview): In relatively less known areas where there is little experience and theory available to serve as a guide intensive study of
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Problem a. Explain Management Science models in detail. b. Estimation the completion time of each activity whose optimistic time estimate is 5 seconds and the pessimistic ti
a paper mill produce two grades of paper viz., x and y. because of raw material restriction,it cannot produce more than 400 tons of grade x and 300 tons of grade y paper in a week
selection process?
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