Final answer:
The four major approaches to management are Classical, Behavioral, Quantitative, and Contingency, each offering different perspectives on managing organizations effectively.
Explanation:
Four Major Approaches to Management:
- Classical Approach: Focuses on principles to manage organizations efficiently. Example: Henri Fayol's principles of management.
- Behavioral Approach: Emphasizes the importance of understanding human behavior in the workplace. Example: Hawthorne Studies.
- Quantitative Approach: Utilizes quantifiable data for decision-making. Example: Operations research.
- Contingency Approach: Suggests that there is no one best way to manage; it depends on the situation. Example: Vroom and Yetton's leadership model.
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