Management Theories

Question 1

Classical Approach

Answer 1

“A GOOD RATE OF PRODUCTIVITY”

- enhance organizational efficiency in order to INCREASE PRODUCTION to generate REVENUE AND PROFIT

Question 2

Scientific Management

Answer 2

• the production process would become more efficient if the amount of time/effort the employee spent to finish could be reduced
• worker’s performance is what to be compensated on
• selects workers who are skilled for the specific task

Question 3

Administrative Management

Answer 3

“ORGANIZATIONAL STRUCTURE”

• a system of task and authority relationships that control how employees use resources to achieve the goal
• there shouldn’t be only one leader for all the departments (top, middle, low hierarchy)

Question 4

Bureaucratic Organization

Answer 4

• rational authority from the position they hold in the organization
• occupies position based on performance
• managers and employees know what is expected of them and what is to expect from them
• hierarchy (to approach and for guidance)

Question 5

Total Quality Management (TQM)

Answer 5

• consistency leads to minimal to no errors
• usually done in manufacturing companies
• increases work production

Question 6

Contemporary Approach

Answer 6

• based on trends

- globalization, quality, behaviors, etc

Question 7

Behavioral Management

Answer 7

• focuses on how managers should personally behave in order to motivate employees and encourage them to perform well and be committed to the organizational goals

Question 8

Theory of X

Answer 8

• if the assumptions of the employee is negative, it is the managers job to counteract their tendency to avoid work
• this can be done by giving rewards and punishments to keep performance levels high

Question 9

Theory of Y

Answer 9

• if the employee gives off positive assumptions/contributions, it is the managers task to create a work setting that encourages commitment to the goals
• provides opportunities for creativity and self-direction and exercises self control
• rewarding and promoting

Question 10

Contingency Theory

Answer 10

• situations not skill
• system depends on external factors
• technology, competition, environment, high inflation rate, etc
• “there is no best way to design or lead an organization”

Question 11

Mainstream Management

Answer 11

• materialism and individualism
• maximizes productivity, profit and is extremely competitive
• achieves organizational goals EFFICIENTLY

Question 12

Multi-stream Management

Answer 12

• balance between socio-financial and well-being for multiple stakeholders
• employee holistic growth
• achieves organizational goals VIRTOUSLY