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Business English Exercises
 

Contemporary theories in management

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Home > Teaching Business English > Business English Lessons, Advanced Level # 227
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contemporary theories in management question 1
Carter McNamara explains that contemporary theories of management tend to account for and help interpret the rapidly changing nature of today's organizational environments; as before in management history, these theories are ......... in other sciences as well.


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contemporary theories in management question 2
Contingency theory asserts that when managers make a decision, they must take into ......... all aspects of the current situation and act on those aspects that are key to the situation at hand: basically, it's the approach of 'it depends'.


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contemporary theories in management question 3
For example, if one is leading troops in the Persian Gulf, an ......... style is probably best, but if one is leading a hospital or university, a more participative and facilitative leadership style is probably preferred.


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contemporary theories in management question 4
In systems theory, a system is a collection of parts ......... to accomplish an overall goal; if one part of the system is removed, the nature of the system is changed as well.


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contemporary theories in management question 5
For example, a pile of sand is not a system, because if one removes a sand particle, you've still got a pile of sand; on the other hand, a functioning car is a system because if you remove the ........., you've no longer got a working car.


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contemporary theories in management question 6
Systems theory has brought about a significant change, or ......... shift, in the way management studies and approaches organizations.


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contemporary theories in management question 7
Chaos theory recognizes that events indeed are rarely controlled; theorists suggest that systems naturally go to more complexity, and as they do so, these systems become more ......... (or susceptible to cataclysmic events) and must expend more energy to maintain that complexity.


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contemporary theories in management question 8
As they expend more energy, they seek more structure to maintain stability, and this trend continues until the system splits, combines with another complex system or falls ......... entirely.


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contemporary theories in management question 9
The main ......... behind this theory is the underlying notion of small occurrences significantly affecting the outcomes of seemingly unrelated events.


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contemporary theories in management question 10
Related to financial markets, proponents of chaos theory believe that price is the very last thing to change for a stock, bond, or some other security, and that price changes can be determined through ......... mathematical equations.


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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
You will be exposed to a wealth of authentic sample sentences that include a great variety of themes. This compact Business English Test Package is the only printable English test collection currently available on the Internet. It contains 470 Business English Exercises (10 questions per test plus answer keys).  Get your unique Business English Practice Exercises now!

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