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Summarise eight features of the neo-classical theory.

Summarise eight features of the neo-classical theory.

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Kavungya
- Neoclassical theory has made significant contribution to an understanding of human
behaviour at work and in organization.
- It focuses on emotion and human qualities of workers as opposed to functions and
economic demand of workers
- It has generated awareness of the overwhelming role of human factor in industry.
- The structure is social system and not just mechanistic and impersonal
- Contributors to this approach recognize an organization as a social system subject to the
sentiments and cultural patterns of the member of the organization. group dynamics,
leadership, motivation; participation, job environmental, etc. constitute the core of the
neoclassical theory.
- This approach changed the view that employees are tools and furthered the belief that
employees are valuable resources.
- It applies a democratic process and not autocratic management with strict rules
Kavungya answered the question on May 17, 2019 at 13:54

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