Management Theories

Question 1

Classical Management Approach

Answer 1

People at work act in a rational manner that is primarily driven by economic concerns ($$).
Do what is necessary to achieve the greatest personal and monetary gain.

Question 2

Hawthorne studies

Answer 2

Created by Elton Mayo
people will modify their behavior simply because they are being observed.

Question 3

Theory X and Y

Answer 3

Douglas Mcgregor
Theory X is based on a belief that employees don’t want to work, they lack intent, only work to collect a paycheck, and need constant supervision.
Theory Y is based on a belief that employees want to work, want to take responsibility, and do not need much supervision in order to work effectively.

Question 4

Behavioural Management Approach

Answer 4

Focus on the human side of the workplace.
People seek social relationships and personal fulfillment.