Neoclassical Theory (16)

In this article we will discuss Neoclassical Theory (16)

Neoclassical Theory (16)

Contributions of the Hawthorne Experiment (7)

The neo-classical theory emphasizes that man is a living machine and he is far more important than the inanimate machine. Hence, the key to higher productivity lies in employee morale. High morale results in higher output.

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