- What is the meaning of efficiency and effectiveness? Please give an example of each. Which do you value more?
- What is Contingency theory? What are the four key variables typically associated with Contingency Theory? Offer an example using Contingency Theory variables.
- Describe one historical approach to the study of management (Scientific, Administrative, Quantitative, Behavioral, or Contemporary) or cite any individual or concept that you found of value.
- What were the Hawthorne Studies? What did they learn from these experiments? Why is it important for today’s managers to understand these studies?
Sample Solution