Business world compare with the one years ago
How might today ‘s organizations use It? R. This approach advocated the application of scientific methods to analyzing work and to determine how to complete production efficiently. Organizations today can use Tailor’s scientific management to streamline their roles within an organization. Develop and train people to be subject matter experts, this will In turn put the right people In the right lob.
Table A. I lists Payola ‘s 14 principles of management, first published In 1916. Are they as useful today as they were then? Why or why not? When are they most, and least, useful? R. Yes, because they give us the way forward to run a business efficiently, are more useful at the beginning of the process (as when one needs to establish the foundation founder), I think there Is no time when they are not useful What are the advantages and disadvantages of a bureaucratic organization? R.
The advantages of a bureaucratic organization is that each role is standardized, if there are any personnel changes there is very little effect to that organization. It fosters specialized skills, which then eliminate the immanent judgment by managers. If followed correctly all people, whether it be employee or customer are treated equally.
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In what situations are quantitative management concepts and tools applicable? R. When a manager make a decision by developing formal mathematical models of the problem. In techniques as statistical decision theory, linear programming, queuing theory, simulation, forecasting, inventory modeling, network modeling and break- even analysis. Choose any organization and describe its system of inputs and outputs. Why did the contingency perspective become such an important approach to management?
Generate a list of contingencies that might affect the decisions you make in your life or as a manager. For each of the management approaches discussed in the appendix, give examples you have seen. How effective or Ineffective were they? The appendix highlighted a few landmark events in recent business history. What additional landmarks during those decades would you Include? The final landmark was form 2008 to 2009. What are the most Important landmarks since then, and why?