ADMS 1000 Study Guide - Midterm Guide: Cost Leadership, Double Taxation, Sunk Costs

• School: York University
• Department: Administrative Studies
• Course: ADMS 1000
• Professor: Natalie Guriel

Document Summary

Controlling: assessing whether the organization is progressive toward its goal. Take steps to ensure problems are dealt with. Roles of management: (a) interpersonal roles: figurehead, leader, liason (b) informational roles: monitor, disseminator, spokesperson (c) deciisonal roles: entrepreneur, disturbance handler, resource allocator, negotiator. Indicate a clear role for managers; the job of managers to plan control and direct the actions of their subordinates in order to obtain the greatest efficiency from their workers. These theories assume that workers are passive. (a) scientific (taylorism) Laissez faire - businesses free to make what they please, no government interference. Frederick taylor was an american engineer, improve management practices and improve productivity. Secure the maximum prosperity of both the employee and employer. There is one best method for performing the job. Specializing or compartmentalizing job into its basic parts. Clear rules and little or no room for individual discretion. Taylor believed that a manager cannot be expert in everything.