The assumption that people are rational and primarily interested in economic incentives from their work is the underlying assumption of which approach to management thought?
A) Socioeconomic approach
B) Modern approach
C) Quantitative approach
D) Classical approach
E) Behavioural approach

Question

Quizplus · Accepted Answer

The classical approach to management thought assumes that people are rational and primarily motivated by economic incentives. This perspective emphasizes efficiency, productivity, and the optimization of work processes, often with a focus on the individual worker's output and the assumption that financial rewards are the primary motivator for employees.

The Assumption That People Are Rational and Primarily Interested in Economic