MGMT 309 EXAM 1 – 2025
Management - ANSWER A set of activities (planning and decision making,
organizing, leading, and controlling) directed towards an organization's
resources (human, financial, physical and information) with the goal of
satisfying organizational goals "in an efficient and effective manner"
Merger - ANSWER join together
Acquisition - ANSWER purchase another company
Classical management theory - ANSWER is made up of scientific management
and administrative management
Scientific Management - ANSWER -Management began seeking mechanisms
to utilize available labor more effectively
- Professionals began focusing on how to maximize the efficiency of individual
workers
Solidering - ANSWER Employees working intentionally at a rate below their
capacity.
Frederick W. Taylor - ANSWER -Had the leading role
- observed soldering
- developed a 4 step solution to get out of the dilemma
-Paid them differently
Frederick W. Taylor pay system - ANSWER He pioneered a piecework
payment system. Rather than paying every worker at the same rate, he began
increasing the pay of every individual worker who attained and exceeded the
quantity of work set as the target for the job.
, Frederick W. Taylor's 4 step process - ANSWER 1. Put in place a science for
all phases of the work in lieu of outdated rule of thumb methods
2.Hire employees scientifically and then train them to do the job
3.Categorize and manage employees to make them follow the described ways of
doing their jobs
4.Repeat planning the work, but employ workers to do the work
Frederick W. Taylor cont. - ANSWER -He introduced significant efficiency
improvements to businesses
-Labor felt that secientific management was nothing more than a vehicle to get
more work out of each worker and cut the total number of workers a company
had on its payroll.
Frank Gilbreth - ANSWER -Industrial Engineer
-After studying brick-layering in the field, he created several procedures for
laying the job more effectively
-Created an increase in production of about 200%
Lillian Gilbreth - ANSWER -Helped to create the field of psychology
-Conducted work in the field of personal management
-Eliminated waste
Henry Gantt - ANSWER -Creator of the Gantt chart
Scheduling work and can be created for each worker or for the entire complex
job
-Created Taylor's ideas of piecework compensation systems
Harrington Emerson - ANSWER -Management Consultant
-Testified before the interstate commerce commission in a request by the
railroads for a rate increase
-As an expert, he asserted that the railroads would save $1 million per day if
scientific management were applied
Administrative Management - ANSWER Focuses on managing the entire
organzation
Management - ANSWER A set of activities (planning and decision making,
organizing, leading, and controlling) directed towards an organization's
resources (human, financial, physical and information) with the goal of
satisfying organizational goals "in an efficient and effective manner"
Merger - ANSWER join together
Acquisition - ANSWER purchase another company
Classical management theory - ANSWER is made up of scientific management
and administrative management
Scientific Management - ANSWER -Management began seeking mechanisms
to utilize available labor more effectively
- Professionals began focusing on how to maximize the efficiency of individual
workers
Solidering - ANSWER Employees working intentionally at a rate below their
capacity.
Frederick W. Taylor - ANSWER -Had the leading role
- observed soldering
- developed a 4 step solution to get out of the dilemma
-Paid them differently
Frederick W. Taylor pay system - ANSWER He pioneered a piecework
payment system. Rather than paying every worker at the same rate, he began
increasing the pay of every individual worker who attained and exceeded the
quantity of work set as the target for the job.
, Frederick W. Taylor's 4 step process - ANSWER 1. Put in place a science for
all phases of the work in lieu of outdated rule of thumb methods
2.Hire employees scientifically and then train them to do the job
3.Categorize and manage employees to make them follow the described ways of
doing their jobs
4.Repeat planning the work, but employ workers to do the work
Frederick W. Taylor cont. - ANSWER -He introduced significant efficiency
improvements to businesses
-Labor felt that secientific management was nothing more than a vehicle to get
more work out of each worker and cut the total number of workers a company
had on its payroll.
Frank Gilbreth - ANSWER -Industrial Engineer
-After studying brick-layering in the field, he created several procedures for
laying the job more effectively
-Created an increase in production of about 200%
Lillian Gilbreth - ANSWER -Helped to create the field of psychology
-Conducted work in the field of personal management
-Eliminated waste
Henry Gantt - ANSWER -Creator of the Gantt chart
Scheduling work and can be created for each worker or for the entire complex
job
-Created Taylor's ideas of piecework compensation systems
Harrington Emerson - ANSWER -Management Consultant
-Testified before the interstate commerce commission in a request by the
railroads for a rate increase
-As an expert, he asserted that the railroads would save $1 million per day if
scientific management were applied
Administrative Management - ANSWER Focuses on managing the entire
organzation
