The criterion of efficiency dictates that choice of alternatives which produces the largest result for the given application of resources. - Herbert Simon

The first task of administrative theory is to develop a set of concepts that will permit the description, in terms relevant to the theory, of administrative situations. These concepts, to be scientifically useful, must be operational; that is, their meanings must correspond to empirically observable facts or situations.

The techniques of the practitioner are usually called 'synthetic'. He designs by organizing known principles and devices into larger systems.

We need to augment and amend the existing body of classical and neoclassical economic theory to achieve a more realistic picture of economic process.