DECA VOCAB in class 1

Mangement theory

is idea or collection of ideas used as set of guidelines for managing an organization

classical management

is theory that focuses on organizing work with goal of increasing worker productivity

Three branches of classical management

• Three branches

  • Scientific

  • Administrative

  • Bureaucratic

scinetific mangament

is classical management theory that uses science to study worker productivity and workflow

• Scientific management does not take into account

-Human creativity

• Employee morale

• Job satisfaction

• Basic human traits

administrative management

• is classical management theory that focuses on organization as a whole and identifies effective ways to organize and manage a business

Bureaucratic management

is classical management theory based on precisely defined procedures and clearly defined order of command

Bureaucratic Weber  management

 is theory that focuses on improving the organization through understanding employee motivation and behavior

Quantitative approach

is management theory that uses measureable techniques to improve decision-making in an organization

total quality management (TQM)–

• management philosophy in which success of organization is directly related to customer satisfaction

Contingency approach

is theory that suggests appropriate style of management depends on the situation

Evidence-based management

is emerging management theory in which decisions are based on combination of critical thinking and best-available evidence

Divison of labor/18th century

Historic event in evolution of management was concept of division of labor in the 18th century

Industrial revolution/19th century

Industrial Revolution was time in history when machines replaced human and animal power