Mga tao Enumeration

Mary Parket Follet (1868-1933) The evolution of management theory

 Gave the simplest definition of 1. Scientific Management Theory

Management 2. Administrative Management Theory
 Mother of Modern Management 3. Behavioral Management Theory
Henri Fayol (1841-1925) 4. Management Science Theory
5. Organizational Environment Theory
 “To manage Is to forecast and to plan,
organize to command, to coordinate and General principles of management
to Control.”
1. Divison of Work
Frederick Taylor (1856-1915) 2. Authority
3. Discipline
 Father of Scientific Maangement
4. Unity of command
 Founder of Taylorism
 An art of knowing what to do, when to do 5. Unity of direction
and see that it is done in the best and 6. Subordination of individual interest to
cheapest way.” go general interest
7. Remuneration
Elton Mayo (1880-1949) 8. Centralization
 One friend, One person is truly 9. Scalar scale
understanding 10. Order
11. Equity
12. Stability of personnel tenure
13. Initiative
Maslow’s heirarchy of needs 14. Esprit de corps
1. Self Actualization Theory based on assumption of elton mayo
2. Esteem
3. Love/Belonging 1. Human needs are never completely
4. Safety satisfied
5. Physiological 2. Human behaviour is purposeful and is
motivated by he needs for satisfaction
Management skills 3. Needs can be classified according to
1. Conceptual Skills heirarchical structures of importance
2. Technical Skills from the loswest to highest
3. Human relation skills Business environment
Environmental Forces 1. Competitors
1. Competative 2. Suppliers
2. Political 3. Government and Social
3. Technological 4. Cultural
4. Sociocultural 5. Political
5. Legal and regulatory 6. Technological and
6. Economic 7. Legal condition
 Enumeration

SWOT 4 elements 3 Classfication of Partnerships

 Strenghts – The advantages or the  General Partnership (GP) – Partners

internal attributes that support a positive share personal liability for business
result debts and can make a decision that
 Weaknesses – The disadvantages or affects the whole business
internal characteristics that work against
 Limited Partnership (LP) – One partner
a successful outcome compared to the
is responsible for decision-making and
other competitors
can be held personally liable for the
 Opportunities – Current external factors
business debts
that can be use to taken advantage
 Limited Liability Partnership (LLP) – All
 Threats – External factors which may
partners have limited liabilty for the
cause a problem or a negative impact
business debts has no considered
PEST 4 factors general partners.

 Political – It is how the government

intervenes in the economy. The lawsm
global issues, legislation, regulations
which may have effect on the business
 Economic – Taxes, Interest rates,
infaltion, the stock markets and
consumer confidence have to be taken
into account
 Social – Changes in lifestyle and buying
trends, media, major events, advertising
 Technological – Innovations, access to
technology.

Forms of business organization

 Sole Propretorship – is the business with

only one owner who operate the entire
business all by himself or employ
employees