Intro To Management Exam I: Rutgers – Hubbard Questions and Correct Answers 2026/2027

Intro To Management Exam I: Rutgers – Hubbard Questions and Correct Answers 2026/2027 Businesses Exist To - Correct Answer Serve needs of society Productive use of resources, create value for customers, employees, and shareholders 6 Major Theories of Management - Correct Answer Scientific Administrative Behavioral Management Science Organizational Environment Leadership and Innovation Scientific Management Theory Contributors - Correct Answer Adam Smith Fredrick Taylor Gilbreaths Adam Smith - Correct Answer 1700's - Job Specialization and Division of Labor Fredrick Taylor - Correct Answer late 1800's - 4 Principles to increase efficiency 4 Principles to Increase Efficiency - Correct Answer 1. Study the Work, experiment with improvements 2. Codify the best methods for doing the work 3. Hire/Align worker skills with the jobs to be done 4. Provide fair pay and incentives Gilbreaths: 3