Management Theory Quiz
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Questions and Answers

According to Drucker, the purpose of business is:

  • to acquire success in market
  • to satisfy customers
  • to get money
  • to create and keep customers (correct)
  • Who is known as the father of scientific management?

  • Elton Mayo
  • Alfred Marshall
  • F.W. Taylor (correct)
  • Matthew Bolton
  • Who is known as the father of modern management?

  • Henri Fayol (correct)
  • Max Weber
  • Mary Follett
  • Henry Gantt
  • Fredrick Taylor stressed on:

    <p>Division of labour</p> Signup and view all the answers

    Fayol suggested that organizations can be subdivided into ________main groups of activity.

    <p>4</p> Signup and view all the answers

    Study Notes

    Management Theories

    • The purpose of business, according to Dr. Drucker, is not explicitly stated in this text, but his work focuses on management by objectives, self-control, and employee autonomy.

    Founders of Management Theories

    • Frederick Winslow Taylor is known as the father of scientific management, emphasizing the use of scientific methods to improve industrial efficiency.

    • Peter Drucker is known as the father of modern management, contributing to the development of management as a discipline.

    Scientific Management

    • Frederick Taylor stressed the importance of scientifically designing jobs and selecting, training, and developing workers to optimize productivity.

    Administrative Management

    • Henri Fayol suggested that organizations can be subdivided into six main groups of activity: technical, commercial, financial, security, accounting, and managerial.

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    Description

    Test your knowledge of management theories and key figures in the field with this quiz. From the father of scientific management to the purpose of business according to Drucker, this quiz covers essential concepts in management.

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