Do you see commonalities between Fayol’s principles of management from 1911 and those of Tom Peters in the 1990s? Explain the theories and highlight 2 common interests.
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Do you see commonalities between Fayol’s principles of management from 1911
and those of Tom Peters in the 1990s? Explain the theories and highlight 2 common
interests.
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- Differentiate between the symbolic view and the omnipotent view of management. Include two specific examples of each view to support your answer.2. Summarize the 14 Principles of Henry Fayol into five main functions of management stating clearly the two assumptions to reflect our understanding of Management Thought that these functions are applicable to all organizations. Show two key ways in which Henry Fayol and Frederick Taylor complimented each other in the development of Management Thought.2. Using college and university foodservice, describe a situation in which management would act: With efficiency: With effectiveness: 3. How do the general responsibilities of the three levels of management differ?
- MANAGERIAL ECONOMICS 7. Make a complete description of the various risks and uncertainties faced by the company and ways to overcome them; give 2 (two) concrete examples of business decisions that anticipate risks and uncertainties!1. What three (3) personal values should a manager possess to improve the organization's success in achieving/fulfilling its primary purpose? 2. Assumptions are used by management methods such as the Logical Framework Approach (LFA), Cost-Benefit Analysis, and Cost-Effectiveness Analysis to provide inputs for managerial decisions and actions. What is the logic of employing an assumption in coming up with or creating inputs for management decisions and actions, given that it is not guaranteed to hold? Is there any way to avoid making assumptions?Who were the following persons and theories that contributed to modern management philosophies? What were their contributions? 1. Frederick Taylor 2. Frank and Lilian Gilbreth 3. Henry Gantt 4. Henri Fayol 5. Max Weber 6. Abraham Maslow 7. Hawthorne Studies B. Abilene Paradox 9. Theory X and Theory Y
- Do you mean by’ Personal Objectives’ of management? Enumerate personal objectives of management.Why should one study different theoretical perspectives about management.Give at least three reasons?1) What are the basic management roles ? 2) when might a manager use a particular role ? What role become increasingly important to managers in top level positions why ?
- Is the Contingency Aprroach to Management good or bad? Why?3. Which historical management perspectives have particular relevance to the exploration and extraction of natural gas? Explain.Compare and contrast the traditional and contemporary roles of managers. Discuss using one (1) study, the impact the two roles will have on the management process.
