Which of the following statements relative to theory and the practice of management is true?
a. Academic theories have little application in business because they are not
grounded in reality.
b. The value of theory is that it provides a systematic framework for management
activities.
c. Theory is, by definition, very abstract and quite difficult to understand.
d. Managers never develop their own theories of how to run an organization.
e. Management theories tend to be mutually exclusive.
Question 2Which of the following is NOT one of the major sets of forces that have shaped
management thought over the years?
a. Economic
b. Social
c. Political
d. Technical
e. These have all influenced management thought.