Answer to Question #247239 in Management for Abhijeet

Question

Q2. Why it is important for every manager to understand the different management theories that have been developed?

Answer 1

Management theories help managers to focus, communicate, and evolve. ... By understanding management theory, basic assumptions about management styles and goals can be assumed and can save time during daily interactions and meetings within an organization.

As A manager, understanding different management theories also allow them to be flexible and apply the appropriate management style basing on a specific situation