Hfm ch 1 5 exam - Study guides, Class notes & Summaries

What are the basic management theories? Describe. - correct answer Scientific management approach: relationship between incentive and performance and advocates rewarding people based on their output rather than hours worked (incentive pay, commission, bonuses) Human relations management approach: if employees feel valued, they are more productive. Valued = felt important = job satisfaction = high levels of productivity Process (or administrative) approach to management: broad perspective, ...