Organizational Theory

The four fundamental tenets of classical organizational theory outlined in the course material are as followed: 
1. Organizations exist to accomplish production-related and economic goals. 
2. There is one best way to organize for production, and that way can be found through systematic, scientific inquiry. 
3. Production is maximized through specialization and division of labor. 
4. People and organizations act in accordance with rational economic principles. 
   
Why these tenets are important today: