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.