Ch 4: PLACE Business Education: Contemporary Management Theory

About This Chapter

Getting ready for PLACE Business Education exam questions on contemporary management theories is easy with these video lessons. Use the self-assessment quizzes and chapter test to get an idea of what kinds of questions you will see on the actual exam.

PLACE Business Education: Contemporary Management Theory - Chapter Summary

In this chapter, you are given a review of several different schools and theories of business management used in modern businesses. Spend some time with our expert business education instructors as you prepare to take the PLACE Business Education exam. Among the topics included in this chapter are:

  • An overview of the modern management theory
  • The quantitative school of management
  • Production efficiency and customer satisfaction in operations management
  • Systems management theory
  • Contingency and quality schools of management

The videos in these lessons give you a thorough review of the most important aspects of these topics in 10 minutes or less. Skip through parts of videos you don't need to review by using the video tags and review the transcript to review key terms set in bold. The quizzes and chapter test are filled with relevant questions to help you get ready for the real test.

PLACE Business Education: Contemporary Management Theory Chapter Objectives

The lessons in this chapter provide information which feeds into the Business Management and Communication subarea of the PLACE Business Education exam. You will have 4.5 hours to complete the exam, which is entirely paper based. The exam is necessary for educators looking to add a business education endorsement to their Colorado teaching license. These videos and practice assessments are designed specifically to help you succeed on the PLACE Business Education test by building upon your previous business education experience and giving you test-taking practice in general.

6 Lessons in Chapter 4: PLACE Business Education: Contemporary Management Theory
Test your knowledge with a 30-question chapter practice test
Modern Theory 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.

Quantitative School of Management: Improving Managerial Decision-Making

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.

Operations Management: Focusing on Production Efficiency & Customer Satisfaction

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.

Systems Management Theory

4. 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.

Contingency School of Management

5. 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.

Quality School of Management: Kaizen & Reengineering Approaches

6. 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.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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Other Chapters

Other chapters within the PLACE Business Education: Practice & Study Guide course

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