30 Questions
What is one of the key components of management according to Kreitner?
Balancing effectiveness and efficiency
Which term best describes achieving a desired result or output according to the text?
Effectiveness
What is a critical aspect of management as per Ghillyer's definition?
Delegating work assignments
Why could management be referred to as 'applied economics' based on the text?
As it deals with the study of how resources are distributed among alternative uses
What differentiates successful managers according to the text?
They anticipate and adjust to changing circumstances
According to Ghillyer, what is essential for management regarding the organization’s resources?
Effective communication
Who is known as the 'Father of modern management theory'?
Henri Fayol
What did Henry Gantt develop that is widely used in project management?
Gantt chart
According to Taylor's four principles of Scientific Management, what should be used to determine the most efficient way to perform tasks?
Scientific method
Which individual was associated with studying work processes scientifically and worker productivity?
Frederick Taylor
What did Henry Gantt create that played a crucial role in measuring work progress at different stages of production?
Gantt chart
Which individual emphasized matching workers to jobs based on capability and motivation in one of the founding principles of modern management?
Frederick Taylor
What is the degree to which centralization or decentralization should be adopted dependent on?
Specific organization
Which manager possesses the most authority in a hierarchy?
President
What is the significance of 'Stability of Tenure of Personnel' according to the text?
High priority for management to retain productive employees
Which concept focuses on encouraging harmony and good feelings among employees?
Esprit de Corps
What psychological theory did Abraham Maslow create?
Maslow's Hierarchy of Needs
Which factor suggests that management should take steps to encourage worker initiative?
Initiative
What is the main focus of a manager who engages in staffing?
Recruiting, selecting, and training employees
Which managerial function involves providing guidance to employees to ensure organizational goals are met?
Leading
What are technical skills in the context of management?
Knowledge and proficiency in specific activities and techniques
In management, what does controlling involve?
Analyzing accounting records and making adjustments
Which managerial function focuses on grouping related activities together and assigning employees to perform them?
Organizing
What is the primary aspect of human or interpersonal skills for managers?
Cooperative effort
According to Henri Fayol's principles, work specialization is recommended as the best way to:
Utilize the human resources of the organization efficiently
What does the principle of 'Unity of Command' suggest in an organization?
Workers should receive orders from only one manager
How does Henri Fayol define authority in an organization?
The power to exact obedience
According to Fayol, what should penalties be used for in an organization?
To promote a common effort among workers
What factor should be considered when determining a worker's rate of pay according to Fayol's principles?
The general business conditions
In Henri Fayol's management principles, what does 'Centralization' refer to?
Lowering the importance of the subordinate role
Test your understanding of management principles as developed by Henri Fayol, focusing on topics like division of work and authority. Explore how work specialization and proper delegation of authority enhances organizational efficiency.
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