25 Questions
According to Maslow's hierarchy of needs, which level of needs does Theory Y assume the employee is operating at?
Self-actualization needs
What is the main assumption of Theory Y regarding employees?
They are self-motivated and enjoy work
Which theory suggests that employees are capable of proactive work and need less supervision?
McGregor's Theory Y
What distinguishes Theory Y from Theory X in terms of employee trust?
Theory Y assumes employees are self-managing and trustworthy
Based on Maslow's hierarchy of needs, what level of needs is highlighted in Theory Y?
Self-actualization needs
What does organization involve according to the text?
Grouping of activities necessary to accomplish goals and plans
Which of the following is a key aspect of organization as described in the text?
Grouping of activities for goal achievement
What is the main purpose of organization according to the text?
Grouping tasks to accomplish goals and plans
In the context of the text, what does 'activities' primarily refer to?
Tasks that need to be done to achieve objectives
How does organization contribute to goal accomplishment according to the text?
By providing structure and direction
What is one of the components of Henri Fayol's General Administrative Theory?
Impersonal connections with one another
Which aspect is NOT part of the components mentioned in the text?
Informal relationships at work
According to Henri Fayol, what is the significance of detailed rules and responsibilities in management?
To bring clarity and order in the organization
Which principle of management emphasizes a clear identification of job positions in an organization?
Hierarchical identification principle
How does Henri Fayol advocate for relationships among employees in management?
Maintaining impersonal connections between employees
What is the minimum number of shareholders required to register a corporation according to the text?
5
What government body is responsible for registering corporations as mentioned in the text?
SEC
What is the maximum number of shareholders allowed for a corporation as per the text?
15
When is a corporation considered legally established and recognized by the government?
After incorporation
Which of the following is not a type of corporation according to the text?
Type II
What are the main components of the management process?
Planning, organizing, leading, controlling
What is the primary goal of the management process?
To achieve specific objectives through resource utilization
Which term refers to the act of determining organizational goals and the means to achieve them?
Planning
What does the 'organizing' function of management involve?
Structuring resources to achieve objectives
Which management function involves setting performance standards and ensuring they are met?
Controlling
Study Notes
Corporation
- A corporation is a legally established and recognized business entity by the government through incorporation.
- Registered under the Securities and Exchange Commission (SEC) with a minimum of 5 and maximum of 15 members.
Management Theories
- Theory Y: assumes employees are capable of proactive work, needing less supervision, and are based on the lower order of needs according to Maslow's hierarchy of needs.
Organizational Structure
- Organization involves the grouping of activities necessary to accomplish goals and plans.
- Has 4 components:
- Division of labor
- Hierarchical identification of job positions
- Detailed rules and responsibilities
- Impersonal connections with one another
Henri Fayol's Contributions
- Propounded the General Administrative Theory
- Formulated 14 Principles of Management
Management Process
- Involves planning, organizing, leading, and controlling resources to achieve specific objectives.
- Aims to achieve specific goals and objectives.
Explore how lower order needs from Maslow's hierarchy of needs can impact employee trust, with a focus on Theory Y's positive assumption of employee capability and autonomy.
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