The well known international economist Charles Kindleberger was fond of telling his students at MIT that the answer to any really engrossing question in economics is: It depends. The task of the economist, Kindleberger would continue is to specify upon it depends and in what ways.
It depends in an appropriate response to the important questions in management as well. Management theory attempts to determine the predictable relationships between situations, actions and outcomes. So it is not surprising that a recent approach seeks to integrate the various schools of management though by focusing on the interdependence of the many factors involved in the managerial situation.
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