MANAGEMENT THEORIES
operations management
applies ideas and models to the actual workplace
Management Science
applies mathematics in problem solving and decision making
systems theory
composed of various interrelated parts that work together to achieve a common goal
Contingency Theory
considers the unique characteristics of managers as well as the effect of enviromental factors
scientific management theory
emphasized the application of scientific principles in improving labor efficiency.
Quality management theory
emphasizes consistency in an organization and the production of high quality products and services.
Human relations theory
focused on the social element in the work place and encouraged managers to foster close social relations with their workers.
administrative management theory
focuses on the role of managers as administrators of the organization.
management information systems
organize and present data to aid managers in making decisions
Quantitative management theory
uses quantitative approaches in arriving at management decisions.