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Scientific Managment
Scientific management is a form of management where improving efficiency is key. It was created by Frederick Winslow Taylor. -
Total Quality Managment (TQM)
TQM is a form of management where everyone in the business worked together and shared a common goal. TQM was created by W. Edwards Deming -
Decentralization
When the authority to make decisions is spread out between the organization. -
Centralization
The authority to make decisions when it's NOT spread throughout the organization, usually a small group of people. -
Hierarchy of Needs
A theory that was created to introduce the 5 things that motivate people to do things. Those five things are physiological needs, safety needs, love and belonging, esteem, and self actualization. Maslow created the Hierarchy of Needs -
Theory X
Theory X is a theory where managers think that their employees dislike their job and are unmotivated to do their job. Douglas McGregor created Theory X. -
Theory Y
Theory Y is a theory where managers believe that their employees like their job and are motivated to do their job. Douglas also created Theory Y. -
Theory Z
Theory z is the theory that focuses on employee loyalty by providing a job for life with a strong focus on the well-being of the employee, both on and off the job.
