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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.