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Advantages Of Classical Theory Of Management

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Classical Theory of Management Application Proposal
Starbucks Coffee

Cristina Li
Wencui Road
Shenyang,China
March 3,2017
Classical Theory of Management is a kind of theory which tries to address issues of industrial management, including specialization, efficiency, higher quality, cost reduction and management-worker relationships. One of the advantages of the classical management structure is a clear organizational hierarchy with four distinct management levels. Each management group has its own objectives and responsibilities. The top management is Starbucks’ CEO and the board of directors who are responsible for the long-term goals of the organization. Middle management oversees the supervisors, setting department goals according to the approved budget. At the lower level are the supervisors who oversee day-to-day activities, address employee issues and provide employee training. The lowest staffs do what they should do, such as accounting, marketing, making coffee and so on. The levels of leadership and responsibilities are clear and well defined. Another advantages of classical management approach is the division of labor. This approach allows workers to narrow their field of expertise and to specialize in one area. The division of labor approach leads to increased productivity and higher efficiency, as workers are not expected to multitask. Additionally, Classical Theory of Management can provide us a reasonable working hours for
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However, both of these conditions are quite difficult to achieve in the workplace. The implications of this research in the real world are evident and plenty. This research provides a general framework for how businesses and groups should operate. Instituting a hierarchy is an essential step to an organized and efficient firm. Based on the results and conclusion of this article, the researchers took the initiative of supplying more advice on effective business managing that had been extrapolated from their data.

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The top level of management for the Blackberry Limited Company is responsible for monitoring and supervising other management levels of the company. The top management levels make major decisions concerning policies and also allow the lower management levels to make their own decision concerning day to day affairs. Implications of centralization: 1. It is easier to maintain secrecy.

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Marketing is defined as a philosophy implemented by a set of processes that focuses on the customers’ satisfaction. It has four major activities that revolve around the consumer value. The activities are creating the products and services, communication, delivery, and exchange. Every company strives to implement the marketing concept to achieve its goals. There are mainly four major philosophies that different companies use to steer their marketing strategies.

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Therefore, management is important and very much needed. The Authoritarian, Democratic, and Laissez management style are all different and all effective depending on the situation. If one style or approach is not successful when resolving and issue, another style is available to eliminate a hostile situation from

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The division of labor is monumental to the growth of the capitalist economy because of its profound effects on efficiency, work ethics, and worker solidarity. However, certain deficiencies such as alienation of the worker can cause challenges in the work place. Theorist Adam Smith believed that an efficiency work ethic was the key to a prosperous capitalist economy. Smith stated that his theory of labor division focuses on specialization (as cited in

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Do you know the importance of having a hierarchy structure within any given work space?   Without structure there would be no clear line of communication between workers.  Having a structure in a workplace establishes communication skills, defuses conflicts, and also provides awareness of leaders who are in charge of you.  

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Classical economics emphasises the fact free markets lead to an efficient outcome and are self-regulating. In macroeconomics, classical economics assumes the long run aggregate supply curve is inelastic; therefore any deviation from full employment will only be temporary. The Classical model stresses the importance of limiting government intervention and striving to keep markets free of potential barriers to their efficient operation. Keynesians argue that the economy can be below full capacity for a considerable time due to imperfect markets. Keynesians place a greater role for expansionary fiscal policy (government intervention) to overcome recession.

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Question1 Explain the advantages and disadvantages of Henry Mintzberg’s prescriptive schools of strategy Design school The process of conception is using the major idea of SWOT which divided into two sides; internal (strength and weakness) and external (opportunity and threat) factors. Social responsibility and Managerial values also play a role in the formulation of the strategy. When the four factors is analyzed, the next step is creation of strategy which is suitable to organization and final stage is implementation follow by that strategy. Advantages: -Separate the step between design strategy and implementation clearly

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(Division of labour) Smith goes into great detail about how a factory or business is a division of labour. He talks about three key factors, increase dexterity, saving time, and application of machinery, that create a division of labour and increase productivity. This concept can be seen in the quote, “the greatest improvement in the productive powers of labour, and the greater part of the skill, dexterity, and judgement with which it is anywhere directed, or applied, seem to have been the effects of the division of labour,” (Smith 2000:3). The three concepts that Smith talks about can be

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Bureaucratic management is mostly use in government associated organizations, while on the other hand scientific management is an aspect of manufacturing operations. In Bureaucratic management there is the existence of hierarchy specialization and also it includes formal processes. Specialization are groups of individuals who work in a specific areas which may include but not limited to finance and manufacturing. In bureaucratic management, the term hierarchy refers to layers of management and formal processes which are used to refer on how companies are organized.

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Reference • http://www.toolshero.com/management/14-principles-of-management/ • Fayol, H. (1949). General and Industrial Management. Martino Fine

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Max Weber embellished the scientific management theory with his bureaucratic management theory largely focused on dividing organizations into hierarchies, establishing strong lines of authority and control. Weber suggests that organizations develop standard

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It refers to the patterns of communication, interpretation and adjustment between individuals. Both the verbal and nonverbal responses that a listener then delivers are similarly constructed in expectation of how the original speaker will react. Workers contribution is more involved in this theory. (Markes, 1999) Contributions 1)

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According to Mary Parker Follet (1941), management is the process of “getting things done through people”. (Khan A. Imaad,2008). Over the course of the years many theories and perspectives have been created as a conclusive result of many research studies. Two such approaches are the theory of ‘Scientific Management’ and the ‘Human Relations’ approach. Frederick Taylor’s Scientific Management is popularly known as the first theory in management history (Stoner, Edward, Gilbert, 2003).

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TASK 1.1 Importance of operation management Operations management (OM) is the business function responsible for managing the process of creation of goods and services. It involves planning, organizing, coordinating, and controlling all the resources needed to produce a company’s goods and services. Because operations management is a management function, it involves managing people, equipment, technology, information, and all the other resources needed in the production of goods and services. Operations management is the central core function of every company. This is true regardless of the size of the company, the industry it is in, whether it is manufacturing or service, or is for-profit or not-for-profit.

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