Administration
Functional Areas of a Business
Managemnt Theories
Business Classificationn
Management Process & Ethics
100

The process of planning, organizing, leading, and controlling to achieve objectives.

What is administration?

100

The area responsible for turning resources into goods and services.

What are operations?

100

Theory that focuses on efficiency through time and motion studies.

What is Scientific Management?

100

Economic sector focused on exploiting natural resources.

What is the primary sector?

100

Stage of the management process that involves outlining a plan.

What is planning?

200

Ancient civilization that applied administrative principles to build pyramids and manage the state.

What is Egypt?

200

The area in charge of recording all the company’s money.

What is accounting?

200

Experiments that showed the importance of motivation and human relations at work.

What are the Hawthorne Studies?

200

Business type where one person owns and manages everything.

What is a sole trader?

200

Stage that puts people and resources in the right place.

What is organizing?

300

Greek philosophers who contributed leadership ideas to administration.

Who are Plato and Aristotle?

300

The area that ensures the company has the right people with the right skills.

What is human resources?

300

Theory that divides leaders into X (authoritarian) and Y (trust and motivation).

What is McGregor’s Theory X and Theory Y?

300

Type of company that raises capital by selling shares on the stock exchange.

What is a public company?

300

Stage that motivates the team and gets things moving.

What is leading?

400

Known as the “Father of Scientific Management.”

Who is Frederick Taylor?

400

This area identifies customer needs and transforms interest into a purchase.

What are marketing and sales?

400

Approach that views an organization as an open system of interrelated parts.

What is the Systems Approach?

400

Business model where someone buys the right to operate under an established brand.

What is a franchise?

400

Stage that checks if results match the plan.

What is controlling?

500

Historical period where administration became essential due to factories and labor control issues.

What is the Industrial Revolution?

500

The area that creates new ideas and products to stay competitive.

What is research and development?

500

French administrator known as the “Father of Modern Management.”

Who is Henri Fayol?

500

Way of classifying companies by number of employees and market capitalization.

What is classification by size?

500

The four key ethical values in business

What are honesty, fairness, respect, and responsibility?

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