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Scientific management
A management approach based on the use of data and a logical, rational decision-making process.
Descriptive statistics
Techniques used to present and interpret data, essential for practicing scientific management.
Central tendency
A statistical measure that identifies a single score as representative of an entire dataset, often using mean or mode.
Intuitive management
Management that relies on instinct and experience rather than on data-driven analysis.
Data-driven decision making
A decision-making process that involves collecting and analyzing data to guide managerial actions.
Industrial relations
The study of the relationship between management and employees, often focused on collective bargaining and labor rights.
Organizational culture
The values, beliefs, and behaviors that shape how work gets done within an organization.
Leadership
The action of leading a group or an organization, involving management and motivating employees.
Motivation
The process that initiates, guides, and maintains goal-oriented behaviors in individuals.
Employee relations
The management of the relationship between employers and employees.
Decision criteria
The standards or benchmarks used to evaluate options in the decision-making process.
Action implementation
The phase of decision-making where the chosen option is put into practice.
Review effectiveness
The assessment of how well a decision achieved its objectives after implementation.