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13 Cards in this Set
- Front
- Back
- 3rd side (hint)
Liberal
economics |
Market and competition should be the regulators of economic activity
Division of labor provides the greatest opportunity for increased productivity |
Adam
Smith |
|
Scientific
management |
Management’s responsibility is knowing what they want workers to do and
then seeing that they do it in the best and cheapest way He believed in functional authority, in which all authority is based on knowledge, not position |
Frederick
Taylor |
|
Bureaucratic
management |
Responsibilities are clearly defined and behavior is tightly controlled by rules,
policies, and procedures. |
Max
Weber |
|
Administrative
management |
The major functions of management are planning, organization, command,
coordination, and control. 14 principles of management: division of labor, authority, discipline, unity of command, unity of direction, subordination of individual interests to the general interest, remuneration, centralization, scalar chain, order, equity, stability of tenure of personnel, initiative, and morale |
Henry
Fayol |
|
Quality control
|
Most quality problems are not the fault of employees, but the system. When
quality is improved, (1) costs decrease because of less rework, fewer mistakes, fewer delays, and better use of time and materials; (2) productivity improves; (3) market share increases with better quality and prices; (4) the company increases profitability and stays in business; and (5) the number of jobs increases. |
W.
Edwards Deming |
|
Role of manager
|
Managers have 3 roles: managing a business, managing managers, managing
workers and their work. Economic considerations should be the primary focus of managers |
Peter
Drucker |
|
Hierarchy of
needs |
People are motivated based on a hierarchy of needs: biology, safety,
socialization, self-esteem, self-actualization |
Abraham
Maslow |
|
Theory X
|
Average person has an inherent dislike of work; people must be coerced,
controlled, directed, threatened with punishment; average person prefers to be directed, and wishes to avoid responsibility |
Douglass
McGregor |
|
Theory Y
|
People will exercise self-direction for objectives to which they are committed;
commitment to objectives is a function of reward; average person learns to accept and seek responsibility; people’s potentials are only partially utilized |
Douglass
McGregor |
|
Theory Z
|
Lifetime employment; collective decision making; promotion from within;
non-specialized career paths |
William
Ouchi |
|
Learning
organization |
Organization is outcome driven and willing to change direction if the initial
direction is different than the desired outcome. |
Peter
Senge |
|
Management by
walking around |
Just what it sounds like
|
Motorola
|
|
Management by
coaching and development |
Manager leads not by ordering but by coaching and in this way performs the
role of employee training |
??
|