Management Theories and Historical Developments

The video provides an overview of the evolution of business management, starting from ancient times to the present. It covers key developments such as the Industrial Revolution, scientific management, human relations, and modern trends like digital transformation and sustainability. The video emphasizes the importance of adapting management practices to changing times and highlights significant contributors like Frederick Taylor, Henry Ford, and Elton Mayo.

What was a significant advancement in trade during ancient times?

• The invention of the wheel

• The creation of the calendar

• The introduction of money

• The development of writing

What was a key feature of the Industrial Revolution?

• The decline of urban areas

• The introduction of steam power

• The development of manual craftsmanship

• The rise of digital technology

Who is known for pioneering the principles of scientific management?

• Henri Fayol

• Frederick Taylor

• Elton Mayo

• Max Weber

What did Henri Fayol contribute to management theory?

• The hierarchy of needs

• The principles of administration

• The concept of bureaucracy

• The division of labor

What was the focus of Elton Mayo's experiments?

• The impact of lighting on productivity

• The efficiency of assembly lines

• The role of financial incentives

• The importance of job specialization

What is Maslow known for in the context of management?

• Developing the theory of bureaucracy

• Pioneering the total quality management

• Introducing the concept of scientific management

• Creating the hierarchy of needs

What was a major development in business during the 1950s and 1960s?

• The rise of digital marketing

• The focus on quality management

• The decline of traditional media

• The explosion of mass marketing

What is a key aspect of modern business practices?

• The emphasis on digital transformation

• The focus on local markets

• The decline of global trade

• The reliance on manual labor

What did the rise of the internet in the 1990s lead to?

• The decline of traditional businesses

• The development of e-commerce

• The end of mass production

• The focus on manual craftsmanship

What is a current trend in business management?

• The reliance on traditional marketing

• The focus on manual production

• The emphasis on digital agility

• The decline of technological innovation