The pre classical contributions were followed later by other more developed schools of management theories such as classical behavioral and quantitative classical school of management theories developed from individuals seeking solutions to various problems facing factories in 19 th century.

The six theories of management are classical management scientific management bureaucracy human relations contingency and system theories all of these different theories evolved during the 19th and 20th centuries and describe different perspectives about how management can be formulated.

Theories of management are very important for any business and organization the experts have presented different management theories for the successful running of organization these ideas are called as six theories of management here is the list of different types of management theories are discussed in details.

Economic theories try to explain economic phenomena to interpret why and how the economy behaves and what is the best to solution ndash how to influence or to solve the economic phenomena they are comprehensive system of assumptions hypotheses definitions and instructions what should be done in a certain economic situation.

A shift away from classical management theory in the early 1920s classical management theorists such as frederick taylor henry.