Answer:
Modern management is characterised by using MS/OR techniques that are used by decision makers in order to make better decisions. In agile management, decision makers need effective means for accessing these techniques, without necessarily being experts in mathematical programming, simulation and other methodologies.
The Modern Theory is the integration of valuable concepts of the classical models with the social and behavioral sciences. This theory posits that an organization is a system that changes with the change in its environment, both internal and external.
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