Outline the main features of different management theories. Using an example, illustrate how management theories can be implemented in a business. Discuss why some management theories are more suited to contemporary business.

Management theories are theories about what good management involves and what behaviours are successful in achieving the goals of business. These theories include scientific-classical theories, behavioural theories, political management theories and systems/contingency theories.

Management theories
Classical-scientific management theories focus on rational ways through which businesses could minimize their cost and improve productivity. This is achieved through the division of labour within a hierarchical structure where management was autocratic. Behavioural theories of management recognise that human and interpersonal factors were important to running an organization. It emphasizes that effective management results from a thorough understanding of human needs as well as an appreciation of the informal aspects of the organizations as communication and work groups. Political management theories focus on how managers can use power and influence within an organisation to achieve...