Key Management Theories and Principles for Businesses
Taylor’s Theories
Taylor’s main interest was increasing productivity through greater efficiency in production and higher wages for workers by applying the scientific method. His principles emphasize the use of science, the generation of group harmony and cooperation, obtaining maximum production, and the development of workers.
Fayol’s Theories
Fayol divided industrial activities into six groups: technical, commercial, financial, security, accounting, and administrative. He noted the need for management
Read MoreHigher Education Reform in Spain: Key Milestones
In 1983, the LRU (University Reform Act) acknowledged that Spain’s expected entry into the European Union would provide greater mobility for Spanish and foreign graduates. The process of building the European Higher Education Area (EHEA), launched in 1999 with the Bologna Declaration, aimed to adopt a system of flexible, understandable, and comparable degrees. It also sought to promote job opportunities for students within the European context. The timeframe established for achieving this European
Read MoreGlobal Political Economy: Key Concepts and Dynamics
A country’s political economy and culture are not independent of each other. False
It is possible to have democratic societies that emphasize a mix of collectivism and individualism. False
Communists did not believe that socialism could be achieved by democratic means and did not turn their backs on violent revolution and dictatorship. False
In an individualist society, the welfare of society is best served by letting people pursue their own economic self-interest. True
The central message of collectivism
Read MoreBritish Industrial Decline: Factors and Analysis
Social Organization of Work
Social organization of work is a complementary reivindication of labor and market.
Economic History Practice 5: Industrial Development
Juan Beach Peñalver
The so-called Crisis of Aging is defined as the loss of British hegemony in Europe in the late 19th century.
Several factors contributed to this decline:
- Early industrialization limited growth due to factors like low educational attainment, labor force issues, resource limitations, and fixed capital investment.
- Loss of comparative
Women’s Rights Movements: A History of Activism and Social Change
Early activists fought for the right to vote (suffrage), the prohibition of liquor, raising the age of consent, and better maternity conditions (parks, food, milk). They also advocated for the peaceful settlement of international conflicts. Most were middle and upper-class white women who believed in white supremacy, and their ideals often didn’t benefit women outside their social and ethnic origin.
However, women of other backgrounds also participated:
- Rural US women: Supported progressive farming
Business Administration: History and Principles
Business Administration: A Comprehensive Historical Analysis
Business administration is a social science that studies the organization of companies and how resources are managed, including the processes and outcomes of their activities. It can be said to manage the planning, organizing, managing, and controlling of all resources in an economic entity to achieve a clearly defined purpose.
Classical Theory of Business Administration
The school of administration developed in the U.S. during the administrations
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