Business Info Systems
How have management information systems (MIS) changed the management of organizations?
Managers (and employees) can communicate different types of information in a greater variety of ways. Managers can have more information and data about the organization to help them make smarter decisions.
Management information systems (MIS) for communication have ______.
continued to improve and become more widely used each year
According to Henri Fayol, the main roles or responsibilities of a manager are ______.
planning, organizing, staffing, directing, and controlling processes Fayol identified these five roles of managers in Industrial Administration.
John Locke's labor theory of property proposes that ______.
since people own their own labor, they naturally own the products of their labor
Which 2 of the following statements accurately reflect Frederick Taylor's foundational beliefs?
Helping workers become more productive leads to jobs for more workers. When the company is successful, its employees are successful.
According to Adam Smith, which three of the following can increase the efficiency of labor?
Inventing machines to multiply the productivity of workers Having workers specialize in a single, simple task Reducing the distance between manufacturing steps or facilities
How does John Locke's labor theory of property relate to modern management theory?
It explains what motivates people to work: the desire to become personally wealthier. correct Reason: Correct. Locke's labor theory of property asserts that people increase their personal property or wealth through their own labor.
How have management information systems (MIS) changed the management of organizations? More than one answer may be correct.
Managers (and employees) can communicate different types of information in a greater variety of ways. Managers can have more information and data about the organization to help them make smarter decisions.
Which three of the following ideas did Henri Fayol consider to be a guiding principle of management?
Managers must have the power and the right to give orders to subordinates. Managers can expect subordinates to follow orders and discipline them if needed. The organization's interests must take priority over the interests of individuals.
Frederick Taylor's four principles of scientific management can be described as ______.
Task measurement, employee development, worker-manager collaboration, and management training correct Reason: Correct. Taylor authored a system that included time and motion studies, ways to hire and train workers, cooperation between supervisors and employees, and education in planning and training for managers.
Max Weber believed that organizations were best supported by which of the following strategies?
The use of rules and organizational regulations. Reason: Correct. Weber believed that organizations were bureaucracies best supported by rules and organizational regulations.
Adam Smith's Invisible Hand theory proposes that ______.
a free, unregulated market operates better than one in which the government controls the business activities of individuals and companies Smith's Invisible Hand theory argues for a laissez-faire (hands-off) approach to markets and a free enterprise system in which individuals and companies can conduct their business however they see fit.
