b ec 342 ch. 2

study of management

new, as the number of organization rapidly grew in the last century

scientific management

to apply scientific method to management to improve

frederic taylor

father of scientific management through bethlehem steel experiement

Hawthorne effect

monitoring leads to increased productivity

transaction cost theory

there is a cost to every economic exchange like search, bargaining, enforcement

resource dependence theory

organizational actors seek power and autonomy

power

needs or resources they depend on

autonomous

organizations reduce dependency on other organizations

institutional theory

interrelated informal and formal elements