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refers to concentration of power among a few key decision makers.
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process by which decisions are made by mangers at various levels within an organization. Centralization and declination where thought of basically at the same time
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occurs when one party maintains total control over one type of industry
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scientific management seeked out to increase creativity and make work easier by carefully studying work procedures and determine the best way to perform a task
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It was created to make sure products and workers would work towards completing their job.
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a man named Maslow thought up of this, he thought that grouping and ordering of physical security, social, and self fulfilment are important needs.
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A man named Douglas Mcgregor developed two contrasting theories, these two theories were called theory X and theory Y. Douglas saw theory X as if you disliked your work environment and has very little motivation to do your job this is considered theory X. https://www.mindtools.com/pages/article/newLDR_74.htm (reference)
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Douglas Mcgregor thought up of this theory that if people find satisfaction from working then they are in the theory y category.
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business ethics in the united states can be viewed as the intersection of three intertwined strands, with each strand serving a purpose
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this was invented by a man called William Ouchi it followed the theory x and y. He said we were able to learn from other countries on how to adapt towards business.