Principles of management: Part 1 Management

course at the FHNW Basel major business information technology by Schuler Brido

course at the FHNW Basel major business information technology by Schuler Brido


Set of flashcards Details

Flashcards 90
Language English
Category Micro-Economics
Level University
Created / Updated 08.12.2019 / 14.01.2025
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Define Management science theory

An approach to management that uses rigorous quantitative techniques to help managers make maximum use of organizational resources. 

- Quantitative management

- Operations management

- Total quality management (TQM)

- Management information systems (MIS)

Describe Quantitative management

Uses mathematical techniques, like linear and non-linear programming, modeling, simulation and chaos theory. 

Describe Operations management

Provides managers a setof techniques they can use to analyze any aspect of an organization's production system to increase efficiency

Describe Total quality managment (TQM)

Focuses on analyzing an organization's input, conversion, and output activities to increase product quality. 

Describe Management information system (MIS)

Help managers design systems that provide information that is vital for effective decision making. 

Describe Oranizational environment theory

The set of forces and conditions that operate beyond an organization's boundaries but affect a manager's ability to acquire and utilze resources. 

Describe the open system view in all of the four stages

Describe the Contingency theory and describe it's flow and steps

Describe Mechanistic Structure

An organizational structure in which authority is centralized, tasks and rules are clearly specified, and employees are closely supervised. 

Describe Organic Structure

An organizational structure in which authority is decentralized to middle and first-line managers and tasks and roles are left ambiguous to encourage employees to cooperate and respond quickly to the unexpected.