BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

STRATEGIC MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Theory that fits the external reality, is internally coherent, and known and understood by everyone in the organization.
A
Theory of the organization
B
Theory of the firm
C
Theory of the business
D
Theory of the company
Explanation: 

Detailed explanation-1: -Organization theory is concerned with the relationship between organizations and their environment, the effects of those relationships on organizational functioning, and how organizations affect the distribution of privilege in society.

Detailed explanation-2: -Theory Y-the integration of goals-emphasizes the average person’s intrinsic interest in his work, his desire to be self-directing and to seek responsibility, and his capacity to be creative in solving business problems.

Detailed explanation-3: -There are different theories of organization to predict and explain the process and also behavior patterns in an organizational setting. There are three different types of organizational theory: Classical Organization Theory, Neo-Classical Organizational Theory, and Modern Organizational Theory.

Detailed explanation-4: -The Classical Theory is the traditional theory, wherein more emphasis is on the organization rather than the employees working therein. According to the classical theory, the organization is considered as a machine and the human beings as different components/parts of that machine.

There is 1 question to complete.