Lucas

Business Management

  • Industrial revoluton

    The industrial revolution is when factories and big businesses came into play and took over.
  • Decentralization

    Process where choices are made by one higher manager, or CEO
  • Maslows hierarchy of needs

    a motivational theory in which people have 5 stages of needs. The needs are: physiological, safety, love and belonging, esteem and self-actualization.
  • Theory X

    People avoid working if possible.
  • Theory Y

    Theory Y is the study that trys to prove that people find pleasure in their work and enjoy to go to work to do their daily tasks
  • Theory Z

    theory Z is all about how japanese and american business practices are alike.
  • Monoploly

    Occurs when one company runs a certain market.