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Give necessary function and importance of Organizational Theory with examples?
Wiki User
∙ 11y ago
improves on peoples chances
Wiki User
∙ 11y ago
Organizational theory is important for understanding how organizations operate and how they can be improved. It provides frameworks, models, and concepts to analyze and explain organizational behavior, structure, and processes. For example, contingency theory suggests that there is no one best way to organize a company as the optimal structure depends on various internal and external factors. Understanding organizational theory helps managers make informed decisions about how to design their organizations to achieve their goals effectively.
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