Weber max bureaucracy - Samenvattingen, Notities en Examens

MGT 300 STUDY PRACTICE EXAM QUESTIONS AND ANSWERS. The management approach of _____ was one of the first to recognize that enriching the lives of organizational and community family was just as important as a company making a profit? - CORRECT ANSWER Spaulding What three individuals helped pioneer administrative management theory? - CORRECT ANSWER Spaulding, Weber, Fayol According to Henri Fayol, the major functions of management are: - CORRECT ANSWER leading controlling organizing ...

Organization - A systematic arrangement of people to accomplish some specific purpose Why do we have organizations? - -efficiency; to accomplish specific objectives -serve society -provide careers How do organizations accomplish their objectives? - -Basic framework of management -Decision Making Basic Framework of Management - -Planning -Organizing -Leading -Controlling Management - The process of achieving goals, effectively and efficiently through, and with other people. What is scie...

Major Field Test Business Complete Study Guide Balance Sheet - Attempts to describe the financial condition of the firm at a point in time. Includes: Assets, Liabilities, & Equity - "net assets" what remains after deducting liabilities from assets.. Income Statement - Presents the results of the operations of an entity over a peroid of time. Includes: Revenues, Expenses, Income, Gains & Losses Statement of Equity or Statement of Retained Earnings (Capital) - Bridges the gap between ...

D078 describe bureaucratic organizational theories, and explain how it can be used to supp D078 describe bureaucratic organizational theories, and explain how it can be used to support the  teams organizational structure  Bureaucratic Organizational Theories Bureaucratic organizational theories were first proposed by Max Weber, a German sociologist, in the early 20th century. Weber believed that bureaucracy, characterized by a hierarchical structure, division of labor, and a set of rules an...

MECE - -Mutually Exclusive (each issue is separate & distinct) Collectively Exhaustive (every aspect comes under only one issue) -McKinsey Tool --know all the facts/details -guard against making early selection of solutions before all other facts are known Mother City - -Caral, Peru; "mother city" of Incan civilization -complexity and scope -hierarchy of living arrangements -served as a major trade area --> rise of class divisions Transaction Costs - -Williamson interview -c...

The most important goal of virtually all organizations is: a) employee development b) profit c) increased productivity d) survival e) cost reduction - d) survival Organization survival is often dependent on how well the organization can adapt. Which of the following behaviours on part of the individuals is necessary for the organization to survive? a) being innovative b) being motivated to join and remain with the organization c) performing their work in terms of productivity, qual...

Optimizing and Satisficing - ANSWER--organizations exist to achieve a goal by either optimizing or satisfying MECE - ANSWER--Mutually Exclusive: each issue is separate and distinct -Collectively Exhaustive: every aspect comes under only one issue Herbert Simon - ANSWER-Bound rationality: the ability to make decisions is limited by a number of factors (cognitive limitations, time available, etc.) Classical Management? Types & founders? - ANSWER--Careful selection and training of worke...

Optimizing and satisficing - ANSWER--organizations exist to achieve a goal by either optimizing or satisfying MECE a. Mutually exclusive: b. Collectively exhaustive: - ANSWER-1. Mutually exclusive: Is each issue a separate and distinct issue? 2. Collectively exhaustive: Does every aspect of the problem come under one, and only one, of the issues 3. One reason this is done is to guard against making an early selection of solutions before all the facts are known. Classical management a....

PRINCIPLE OF MANAGEMENT CLEP EXAM REVIEW QUESTIONS AND ANSWERS, RATED A+ Organization - -groups who join together for a common goal Levels of Management - -Top: CEO, COO, President Middle: deans, managers, etc. Bottom: supervisor, dept. head Functions of Managers - -Plan, Organize, Staff, Lead, Control Roles of Managers - -Interpersonal (Monitor, Dissemination, Spokesperson) Informational (Figurehead, Leader, Liaison), and Decisions (Entrepreneur, Disturbance handler, resource allocat...

MGT 300 Final Exam | Questions and Answers The management approach of _____ was one of the first to recognize that enriching the lives of organizational and community family was just as important as a company making a profit? Spaulding What three individuals helped pioneer administrative management theory? Spaulding, Weber, Fayol According to Henri Fayol, the major functions of management are: leading controlling organizing planning As a pioneer of administrative management, Max Weber contende...