Asked by Alexandra Velicky on May 12, 2024

verifed

Verified

Advocates of the behavioral approach to management argue that profits must be the central focus of organized activity, since without profits the organization cannot exist.

Behavioral Approach

A perspective in psychology focusing on observable behaviors and the ways in which the environment influences those behaviors.

Profits

The financial gain obtained when the revenues generated from business activities exceed the expenses, costs, and taxes involved in sustaining the activities.

  • Appreciate the various approaches to management including systems theory, the behavioral approach, and the contingency approach.
verifed

Verified Answer

BP
Brittany Pritchett

May 18, 2024

Final Answer :
False
Explanation :
The behavioral approach to management focuses on understanding human behavior, motivation, and interaction within organizations, rather than prioritizing profits as the central focus.