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Finally, we'll wrap up the chapter by looking at some important factors that are reshaping and redefining management.

a. Management is a static concept
b. Management is an outdated practice
c. Management is an evolving discipline
d. Management is an unimportant aspect

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Final answer:

Management is an evolving discipline, exemplified by the development of theories like McGregor's Theory X, which views employees as needing strict control and oversight, indicative of management's continuous adaptation to new challenges.

Step-by-step explanation:

The subject matter of the question falls under the topic of Management and Organizational Structure. It deals with the notion that management is not a fixed concept but an evolving discipline. This is evident in I-O psychology, where significant research has been done on management and human relations. Notably, Douglas McGregor's seminal work in 1960 introduced two contrasting styles of management known as Theory X and Theory Y. Theory X posits that managers view employees as inherently disliking work and needing direction and control, leading to a management style characterized by strict supervision, punishment for tardiness, and dismissal of employee input. Such an approach assumes that workers are primarily motivated by monetary gain and that they need to be coerced to achieve organizational goals. In contrast, the dynamic and changing nature of management suggests that these theories and practices are continually being revisited and redefined to adapt to new organizational and societal challenges.

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