Mention the two exact sciences
Mathemathics and Stadistics
What is scientific administration?
Scientific Management is the management approach initiated by Frederick W. Taylor that seeks maximum efficiency and productivity in industry. This is achieved by applying the scientific method to the study and design of work, replacing improvisation with the rationalization of worker tasks.
The ability of a company or country to maintain a strong competitive position long-term by creating and sustaining value without depleting the resources and capabilities needed for future prosperity.
Enterprise concept
A business or organization, often large and complex, that is engaged in producing or selling goods and services
Mention the four business resources
Human, Technical, Material, Financial
Mention the four social sciences
Psychology, Sociology, Law and Economics
Mention the 4 theorys, based on structure
Classic theory, Neoclssic theory, Bureaucracy theory, and Structuralist theory
What is CUTTING- EDGE TECHNOLOGY?
Refers to the most advanced and innovative tools, systems, or methods available in a specific field. It represents the forefront of technological development, often incorporating novel concepts and approaches
Characteristics of an entreprenourial person?
Describe the Business information systems
Include marketing, sales, production and operations, finance and accounting, and human resources
Mention the four technical disciplines
Ergonomy, Accounting, Finances and Computer systems
What is the Human Relations Theory?
Asserts that productivity depends on the social and psychological satisfaction of the worker. It proposes that management should focus on motivation, communication, and participative leadership to improve organizational efficiency.
Is a form of development in which an experienced person, called a coach, supports a learner or client in achieving a specific personal or professional goal by providing training and guidance. The learner is sometimes called a coachee.
Characteristics of enterprise?
Describe the Material resources
The tangible, physical assets a company needs to create products or perform services. They include raw materials, machinery, technological tools, and the physical space for production.
What is statistics and how does it contribute to administration?
Help administrators make decisions with real data. It shows information about jobs, health, or education. With this, they can plan projects, use resources better, and check if their actions are successful.
What is the Non-Structuralist Theory?
It asserts that organizational reality is created through the employees' daily actions, interpretations, and power struggles. Administration is seen as a constructed discourse and not as a predefined rational system.
What is COMAKERSHIP?
Strategy aimed at involving supplies if a client tries to create value for the supplier and the supplier tries to create value for the client
Mention the six classification of enterprises
BY PURPOSE OR BUSINESS ACTIVITY, BY SIZE, BY SOURCE OF CAPITAL, DUE TO ITS LEGAL REGIME, BY ITS PURPOSE, DUE TO THEIR LEVEL OF DEVELOPMENT
Mention the funcional areas of the company
Human resources, finance, sales and marketing, production and purchasing, and business information systems
What is psychology and how does it contribute to management?
Providing insights into human behavior and cognitive processes, which helps in human resource management, organizational culture development, and decision making
What is the Contingency Theory?
Rejects the idea of a single "best" way to manage, arguing that structure and managerial practices must be adapted. Administrative effectiveness is contingent upon (dependent on) the organization's internal and external factors, such as technology, size, and the environment.
What is ORGANIZATIONAL DEVELOPMENT
Is a planned, science-based process to improve an organization's effectiveness and health by systematically changing its strategies, structures, and culture, the study implementation of practies techinique
Economical and Social aims for enterprises
ECONOMICAL: Focus on financial performance, like earning profits, survival, and growth.
SOCIAL: Focus on societal benefits, such as providing quality products, protecting the environment, and creating jobs
Describe the Technical resources
The technology, systems, and support that enable a business to operate, produce goods/services, and achieve its goals.