Principles and Functions of Management.
A vast number of employees every year leave their jobs because of the following reasons: poor coaching and feedback, work-life imbalance, poor carrier opportunities prospects, lack of confidence in senior management, etc. However, for some reason, managers fail to acknowledge these factors; instead they prefer to concentrate on wage as a prime motivator. In reality a variety of factors come into play and contingency, chaos, systems, and other management theories have to be adjusted in every specific situation considering external factors. So, why do managers act differently and behavioral…
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