management theory

Definition

A collection of ideas which set forth general rules on how to manage a business or organization. Management theory addresses how managers and supervisors relate to their organizations in the knowledge of its goals, the implementation of effective means to get the goals accomplished and how to motivate employees to perform to the highest standard.

Use management theory in a sentence

  • Before becoming a manager it would be helpful to read up on the management theory so you could understand how to run a business and manage employees effectively.

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