6 Questions
Who is known for his contributions to Management Theories along with Fayol and Max-Weber?
Frederick Taylor
What term describes the concept of whether management is an art or a science?
Management as an Arts or Science
Which term refers to the skills and abilities that managers need to carry out their tasks effectively?
Managerial Skills
What is a key feature of effective decision making?
Considering multiple alternatives and consequences
What is a principle of planning that helps in adapting to changes in the environment?
Contingency planning for unforeseen events
What is the primary purpose of planning in management?
To streamline processes and achieve organizational goals
Study Notes
Management Theories and Concepts
- Henry Fayol, Max Weber, and Mary Parker Follett are known for their contributions to Management Theories.
Management as Art or Science
- The debate on whether management is an art or a science is a concept in management theory.
Managerial Skills
- The term "managerial skills" refers to the skills and abilities that managers need to carry out their tasks effectively.
Effective Decision Making
- A key feature of effective decision making is the consideration of multiple alternatives.
Principles of Planning
- The principle of flexibility is a principle of planning that helps in adapting to changes in the environment.
Purpose of Planning
- The primary purpose of planning in management is to set objectives and determine the actions needed to achieve them.
Test your knowledge of management concepts and theories with this quiz. Explore the importance, functions, and managerial levels while delving into the contributions of Fayol, Taylor, Max-Weber, and Mintzberg.
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