Provides tools for financial management, such as budgeting and projecting alongside methods for monitoring performance
Mathematics
Agustín Reyes Ponce
He contributed decisively to the creation of various economic administrative degrees in several Latin American countries during the second half of the twentieth century
Want to make money and also want to help workers and the community. Both guide the company.
ECONOMICAL AND SOCIAL AIMS
era contemporary administration
the modern style of management and a specific entity named Era Contemporary
It emphasizes order, structure, and clear authority to achieve efficiency. The organization is seen as a system where each person has a specific role.
Classic theory
the government's management of the economy, and business administration
Economy
Peter Drucker
Focuses on modern management, innovation and self-knowledge, considering management as an interdisciplinary discipline. He proposed that companies should focus on
It groups companies by what they do: industrial, commercial, or service. It shows what they make or offer.
BY THEIR ACTIVITY
Era of Primitive Administration
refers to the very earliest forms of human organization and decision-making, which existed before formal, large-scale government structures.
It adds flexibility and participation to the classic model. It values human factors and communication in achieving goals.
Neo-classics theory
Provide insights into people and groups, so administrator can manage
Sociology
Henry faryol
French engineer and executive considered one of the fathers of modern administration
It shows if a company wants profit or no profit. It tells if they want to make money or not.
BY THEIR PURPOSE
Era of ancient civilizations
Ancient history covers all continents inhabited by humans in the period 3000 BC – AD 500, ending with the expansion of Islam in late antiquity.
It views the organization as an open system that depends on its surroundings. External factors like technology, economy, and society influence its success.
Non-structuralists theory
managment planning and control are often carried out by and administrative accountant.
Accounting
Edwards Deming
Quality is its 14 Quality Management Points and the Deming Cycle (Plan-Do-Verify-Act), which promote continuous improvement, the focus on processes and the participation of the entire organization
It groups companies as basic, growing, or developed. It shows their technology and organization.
BY THEIR DEVELOPMENT LEVEL
Era middle ages
lasted approximately from the 5th to the 15th century
communication of emails, video calls, security, control and monitoring to track
Compute Systems
It groups companies by their legal type: individual, corporation, cooperative, etc. It shows rules and responsibilities.
BY THEIR LEGAL
FORM
era of moder age
a broad historical period that began around the 15th century and continued until the mid-20th century