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Business philosophies or popular management theories refers to a range of accounting, marketing, public relations, operations, training, labor relations, executive time management, investment, and corporate governance approaches claimed (by their proponents, and sometimes only by their proponents and selected clients) to improve business performance in some measurable or otherwise provable way.
These management theories often have their own vocabulary. They are sometimes built around the business philosophy of a single guru. They rarely have the sophistication or internal consistency to qualify as a school of philosophy in the conventional sense - some resemble a cult religion. What they tend to have in common is high consulting fees to consult with the "Business