SOCIO-ECONOMIC APPROACH TO COMPARATIVE MANAGEMENT

Abstract

Comparative management though relatively recent in practice in the field of management, has attracted the attention of various management scholars in recent time. These scholars have viewed comparative management from different approaches. However, these management scholars have given an exposition of the field using the various approaches, (environmental, behavioural, organizational theory, socio-economic, open system and system model approaches. This work therefore, is intended to take an in depth view of the socio-economic approach with an intend to posit the concept, eliciting the issues, advantages and making recommendations that will add more values to the field of study.