About This Chapter
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Students will review:
In this chapter, you'll learn the answers to questions including:
- What are some major management theories?
- How do managers use information, models and statistics to make decisions?
- What parts do customer satisfaction and efficient production play in operations management?
- How can managers use data from management information systems (MIS)?
- How do systems and processes perform within an organization?
- What are the unique features found in the Contingency and Quality Schools of Management?
1. Modern Theory of Management
Modern management theory has changed the way managers look at their jobs. Advancements and refinements in management theory and practice have enabled managers and managerial systems to evolve. In this lesson, we will look at modern management theories.
2. Quantitative School of Management: Improving Managerial Decision-Making
In order to be effective, managers must make informed decisions. In this lesson, we will help you to understand how managers make decisions using data, models and statistics.
3. Operations Management: Focusing on Production Efficiency & Customer Satisfaction
Operations is the lifeblood of any organization - how a business works and processes materials and services helps produce its output. In this lesson we will focus on operations and explain the elements present in it.
4. Management Information Systems: Using Data to Manage Operations
Management information systems (MIS) are an important source of data for any organization. How that data is reviewed and analyzed is the responsibility of the managers, and in this lesson we will describe the role of MIS and how managers can use different types of data MIS can produce.
5. Systems Management Theory
Every business has to follow a process, and that process is the result of a system. The systems management theory focuses on systems and how they work and function within an organization.
6. Contingency School of Management
Companies must plan for the expected and the unexpected. In this lesson, we will talk about the contingency school of management and how that thought process and viewpoint helps companies to prepare for both the expected and unexpected.
7. Quality School of Management: Kaizen & Reengineering Approaches
All companies strive to improve and deliver a better product. That single thought is driven by the quality school of management. In this lesson, we will learn about that school of thought and how it evolved.
8. What Is Reengineering in Business? - Definition, Examples & Methodology
Change is often necessary to succeed in business. In this lesson, you'll learn about re-engineering in business, including its methodology. You'll also have a chance to take a short quiz after the lesson.
9. Open System in Management: Definition & Example
An open system is the core concept behind open system analysis, which is one of the leading methodologies in analyzing an organization. In this lesson, you will learn what an open system is, see how it applies to organizations, and be given some examples to explain the concept.
10. Self-Fulfilling Prophecies in Business: Examples & Overview
Self-fulfilling prophecies can play a big role in personal and professional success and understanding the philosophy behind them is an important management tool. Let's delve further into this subject in this lesson.
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Other chapters within the Introduction to Management: Help and Review course
- Business Management Basics
- Management Basics: Help and Review
- Classical School of Management Theory: Help and Review
- Behavioral School of Management Theory: Help and Review
- Planning in Organizations: Help and Review
- Organizational Change: Help and Review
- Organizing in Business Management: Help and Review
- Work Teams: Help and Review
- Leading in Organizations: Help and Review
- Leadership Theory: Help and Review
- Motivation in the Workplace: Help and Review
- Communication in the Workplace: Help and Review
- Controlling in Organizations: Help and Review
- Human Resources Basics: Help and Review
- Strategic Management and Managerial Decision Making: Help and Review
- Production and Quality Assurance: Help and Review
- Managing Organizational Changes
- International Management and Contemporary Issues: Help and Review
- Introduction to Small Business Management
- Theories of Business Management