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Business Management Chapter 1 Flashcards | StudBud

Explore/Business Management Chapter 1

Business Management Chapter 1

5 terms·StudBud Administration·86 plays

A quiz on management activities and important people, such as Henry Fayol and Peter Drucker.

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Questions 5

Answers

1
What are the four functions of Management?
Planning, Organizing, Implementing, Controlling
Planning, Organizing, Implementing, Cooperation
Planning, Opposing, Implementing, Creating
Planning, Operating, Implementing, Controlling
2
Who is Henry Fayol and what did he believe in?
A politician who believed in reganomics.
A business owner who thought minimum wage should be lower.
A news reporter who believed in administrative management.
A French business. He believed in administrative management.
3
What are the three changes in the workforce?
Shoe size, Gender, Ethnicity
Age, Gender, Ethnicity
Age, Gender, Disability
Age, Education, Ethnicity
4
What is a theory of management?
Behavioral Management
Adequate Compensation
Classical management
Unity of Command
5
Why is Peter Drucker important to the field of management?
Introduced decentralization in the 1940s
Helped change the principles of management and business.
Helped create great schools for management.
He influenced many leaders of big organizations