Question: 1 . Management Theories in Practice: A real - world company such as McDonalds use and applies one of the managerial theories discussed ( e
Management Theories in Practice:
A realworld company such as McDonalds use and applies one of the managerial theories discussed eg Taylors scientific management, Fayols administrative principles, etc. Provide specific examples of practices or policies that demonstrate this theory in action.
Classical Management Approaches
scientific management Frederick Taylor
Make resultsbased compensation a performance incentive
Carefully design jobs with efficient work methods
Carefully select workers with the abilities to do these jobs
Train workers to perform jobs to the best of their abilities
Train supervisors to support workers so they can perform to the best of their abilities
Administrative principles Henri Fayol
Foresight, Organization, Command, Coordination and Control
Bureaucratic organization Max Weber
Bureaucracy
a An ideal, intentionally rational, and very efficient form of organization
b Based on principles of logic, order, and legitimate authority
c Believed that it would use resources more efficiently and treat employees more fairly
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