1. Discuss in your own words the need for management to have philosophical foundations. Cite concrete management situations that would illustrate the application of philosophy. 2. Briey discuss each of the following philosophies and explain how each can be applied in management by citing concrete examples: a. b. c. . Pragmatism . Existentialism 3-anth Idealism Realism Naturalism Humanism Liberalism . Conservatism . Of all the philosophies that you discussed, give two that are most appealing to you. Why? Give the possible advantages and disadvantages of each. . Discuss your own philosophy as a manager. How do you intend to apply them