Administrative Theory of Management

The video discusses Henri Fayol's contributions to management, focusing on his book 'The 14 Principles of Management' and the development of administrative management theory. This theory emphasizes the universal functions of managers across different types of organizations, such as non-profits, for-profits, and government entities. It also highlights the creation of work groups and functional departments, like marketing and human resources, using a top-down approach to enhance organizational efficiency.

Who was the author of 'The 14 Principles of Management'?

• A British economist

• A French management theorist

• A German philosopher

• An American management expert

What is the main focus of administrative management theory?

• The technological advancements in management

• The roles and responsibilities of managers

• The financial performance of organizations

• The cultural aspects of management

According to administrative management theory, what is common across different types of organizations?

• The financial goals

• The managerial roles

• The customer base

• The technological infrastructure

What is one of the key elements in creating organizational efficiency according to the theory?

• Flexible work hours

• Employee autonomy

• Decentralized decision-making

• A top-down approach

Which of the following is an example of a functional department mentioned in the theory?

• Human resources

• Customer service

• Legal affairs

• Product development