Philosophy of Business Management

This theory sees the worker as lazy, selfish, and in need of constant supervision.

• Theory V

• Theory Y

• Theory Z

• Theory X

Love of wisdom

• Philobia

• Philosophia

• Philosophica

• Phobia

An organization has parts that must act in harmony to make the system work.

• Theory Z

• The Fifth Discipline

• Systems Theory

• Human Relations Theory

This statement outlines the overall purpose of the business, along with its goals.

• Quality Statement

• Mandate

• Business Philosophy

• Mission

A sound philosophy of management includes recognition of the importance of big rewards for big results.

• Economic and Social Progress

• Incentives, Rewards, and Penalties

• Managerial Progress

• Leadership, Responsibility and Authority

An organization is made from people who must work with each other, by creating positive relations.

• Bureaucratic Theory

• Administrative Theory

• Human Relations Theory

• Systems Theory

A strict order with clear rules is what makes an organization successful because everyone knows what they’re supposed to do.

• Bureaucratic Theory

• Administrative Theory

• Human Relations Theory

• Systems Theory

The key to this approach relies on three factors: Simplify tasks as much as possible, divide work equally, and use monetary incentives.

• Administrative Theory

• Scientific Theory

• Human Relations Theory

• Systems Theory

Customer satisfaction are ________________ objectives of management

What's the complete name of your Professor in Philosophy of Business Management?