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Assessing the Relevance of the System theory Practices in the Contemporary Business World

AMUCHE Agbo Peter, MUSTAPHA Nmanda Mustapha and ABUBAKAR Mohammed Babakatun

Abstract

This paper was embarked on to assess the relevance of the system theory to the contemporary business. The study used a secondary source of data to collect necessary data for the study. The study population was the relevant text books and previous journal papers consulted to explore more insights about the system theory. The data collected enabled the authors to have analyzed and made relevant suggestions on the ways of applying the system theory within and across enterprise boundary in order to efficiently and effectively utilize available scarce resources towards achieving goals of enterprises.

Keywords

System TheoryManagementManagement EvolutionRelevancePractices.

References

Chikere, C. C. & Nwoka, J. (2015). The systems theory of management in modern day organizations – a study of Aldgate Congress Resort Limited Port Harcourt. International Journal of Scientific and Research Publications, 5(9) pp. 1-7. Elujekwute, E. C., Umar, I., Danburam, I. U., & Uwalaka, M. C. (2022). Relevance of the system theory to the effective and efficient management of education in Nigeria. Sapientia Foundation Journal of Education, Sciences and Gender Studies (SFJESGS), 4(3), pp. 277- 284. iEduNote, (2023). Management definition. Accessed via Googlesearch @ https://www.iedunote.com/management. Mele, C., Polese, F. & Pels, J. (2010). A brief review of systems theories and their managerial applications. Service Science 2 (1/2), pp. 126-135. Weihrich, H., Cannice, M. V. & Koontz (2008). Management: A global and entrepreneurial perspective. (12 ed). New Delhi: McGraw-Hill Publishing Company Limited. Wurishe, I. Y. (2021). Management systems theory, a practical approach. Global Scientific Journals 9(5) pp. 1354-1394.

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