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badm 4801 exam 1 handouts WITH CORRECT/ACCURATE ANSWERS

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badm 4801 exam 1 handouts WITH CORRECT/ACCURATE ANSWERS

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what industrial sector was the focus of the industrial revolution?


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textiles (and salt), due to the british empire




what were the basic functions of management, identified in "General and Industrial
Administration (Fayol)?


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planning, organizing, command, coordination, and control

, what was the impact of the american civil war on US economic development?


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Colonies of America grew lots of cotton and supplied it to Britain - then it was
turned into bulk materials that were sold through brokers around the world
The British amasses a huge inventory of cotton before the Civil War, which
interrupted the cotton production in America
The Civil War disrupted the flow of cotton to Britain, slowed down American
industrial development




who is the "Father of Scientific Management"?


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Frederick Winslow Taylor (1856-1915), aka F. W. Taylor




what book did F. W. Taylor write?


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"Principles of Scientific Management", the first text book in management
published in 1911




when was the industrial revolution?

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