Question
Write a note on thoughts of Neo-Classical Theory of Management.

Answer

Introduction :
  • To remove some limitation of thoughts of classical theory, some management experts made changes in it and established new approaches, which is called thoughts of neo classical theory
  • Thoughts of neo classical theory :
  • In the starting of $20^{th}$ century Australian industrial psychologist Elton Mayo, gave birth to behaviour oriented thought by Hawthorne experiment, he emphasized upon behaviour approach and group behaviour for management.
  • Main contributors of neo classical theory :
  • Elton mayo, Rensis Likert, Chris Aargris, McGregor and Maslow are the main contributors of this thought.
  • Main branches of neo classical theory : the main branches of this thoughts are :
  • Human relations or human behaviour thought.
  • Social mechanism thought,
  • Social arrangement thought.

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