Ptt 2 evolution of management theory Flashcards
in the industiral revolution, economies of scale emerged which reduced average cost per unit as total volume increases.
Early Management Concepts
In the 19th Century,manufacturing become the core business for many U.S. Companies
Classical approaches
14 Principles of management
Division of work
Authority
Discipline
Unity of command
Unity of direction
Predominance of general interest
Remuneration
Centralization
scaler chain
order
Equity
stability and tenure of personnel
initiative
Esprit de corps
delegation of authority
Authority
Clarity of expectation and punishment of violations
Discipline-
assignment of an employee to only one supervisor
Unity of command
employees efforts geared toward the attainment of organizational objectives
Unity of direction
individual interest set aside and general interest dominating
Predominance of general interest
efforts are systematically rewarded in line with organization’s vision/mission
Remuneration
importance of superior and subordiante roles are determined
Centralization
communication is kept open within the chain of command
scaler chain
jobs and materials are organized in an orderly fashion to support the organization’s direction
order
fairness and order make employee commitment intact
Equity
promotion of loyalty and longevity in the organization
stability and tenure of personnel
ncouragement of employee to act solely on their own in support of the organization’s objectives
initiative