Management Concepts and Theories

What is management defined as by Peter Drucker?

• Management is a multi-purpose organ that manages business and manages managers and manages workers and work.

• Management is the art of getting things done through people.

• Management is a means to achieve certain goals.

• Management is an essential element of every organized activity.

What are the five functions of management identified by Henri Fayol?

• Planning, Organizing, Leading, Controlling, Staffing

• Planning, Organizing, Directing, Controlling, Staffing

• Planning, Organizing, Leading, Controlling, Evaluating

• Planning, Organizing, Staffing, Directing, Evaluating

What does the systems theory explain?

• How interrelated parts operate together to achieve a common purpose.

• The importance of labor in the production process.

• The role of managers as administrators of the organization.

• The influence of interpersonal relationships in the workplace.

What is the primary focus of the human relations theory?

• The social element in the workplace.

• The efficiency of workers in production.

• The overall management of an organization.

• The application of scientific methods in management.

What is the main goal of management according to the text?

What does the contingency theory argue?