Management : Chaos Theory

Surname 1EssayInstitution AffiliationStudents NameDate of SubmissionWhat is Chaos Theory and how does it apply to ManagementWhat is chaos theory? How is it applied in management? According to Wilding (45), chaostheory can be described as a scientific opinion used to designate the unpredictability of systems inthe management process. Chaos theory was identified and explored in the years 1980s, it is duringthis period that it was developed in an organizational set up to address issues to do with systemspredictability. In the management process, mangers need to use concepts and theor ...


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