Intro to management EXAM 1- Rutgers Hamilton Questions and Correct Answers 2026/2027

Intro to management EXAM 1- Rutgers Hamilton Questions and Correct Answers 2026/2027 Drivers of Management Evolution - Correct Answer Businesses exist to: serve the needs of society use resources to create value create jobs and do good Scientific Management Theory - Correct Answer Adam Smith- Job Specialization and division of labor Fredrick Taylor: 4 Principles to increase efficiency The Bilbreaths: Three step process to creating more efficient process 4 Principles to increase efficiency - Correct Answer 1. Study the work and experiment with different processes 2. Codify the best methods 3. Hire and align worker skills with jobs 4. Provide fair pay and incentives The Gilbreath's 3 step approach - Correct Answer 1. Analyze the tasks 2. Find better ways to complete the tasks 3. reorganize tasks to become more efficient Administrative theory - Correct Answer Max Weber: 5 principles of bureaucracy- developing organization structure Henri Fayol- 14 principles of efficiency Behavioral Management - Correct Answer Mary Follet- Human side of management- collaboration- knowledge= job Elton Mayo- Ha