Association of Chartered Certified Accountants (ACCA) Certification Practice Test

How is Classical Management defined?

1. As a flexible way of managing with no strict rules.

2. A method focused on individual creativity and autonomy.

3. A view that there is a correct way of managing with rules for good management.

4. Management as an art rather than a science.

The correct answer is: A view that there is a correct way of managing with rules for good management.

Classical Management is defined as a view that emphasizes the existence of a systematic approach to management, which includes structured rules and principles aimed at achieving efficiency and effectiveness within an organization. This perspective arose in the late 19th and early 20th centuries, largely influenced by thinkers such as Henri Fayol, Frederick Taylor, and Max Weber. The focus on proper management techniques aligns with the belief that there are specific processes and structures that can be applied universally to improve productivity. Classical Management theories advocate for clear hierarchies, standardized procedures, and an emphasis on task specialization, which collectively contribute to organizational success. By adhering to these established rules and principles, managers are believed to be able to optimize performance and streamline operations effectively. In contrast, approaches that prioritize flexibility, individual creativity, or view management purely as an art form would diverge from the Classical Management perspective, which centers on systematic, rule-based approaches to managing organizations.