Explain the components of the specific business environment, Business Management

Question:

(a) Frederick Taylor observed that workers worked below their optimum level (soldiering). He thus devised systematic methods based on a set of principles. These principles were later known as the "four principles of scientific management". List and describe the four principles.

(b) What is an organisation's specific business environment? Describe the various components of the specific business environment.

(c) As a manager, motivating and catering for the needs of the employees are of paramount importance. In that respect Maslow's Hierarchy of Needs provides with a very useful tool. Briefly describe the various levels of needs in the Maslow Hierarchy. For each need give one example how they can be satisfied.

Posted Date: 11/29/2013 12:43:51 AM | Location : United States







Related Discussions:- Explain the components of the specific business environment, Assignment Help, Ask Question on Explain the components of the specific business environment, Get Answer, Expert's Help, Explain the components of the specific business environment Discussions

Write discussion on Explain the components of the specific business environment
Your posts are moderated
Related Questions
INFORMATION SYSTEM FOR BUSINESS OPERATION.

Question 1: According to Henry Fayol, "Leading is one of the main functions of any manager". In this context, explain the importance of leadership for the successful managemen

WHAT ARE THE FOUR STAGE IN PRODUCT LIFECYCLE

Why is the performance appraisal important? Significance of performance appraisal: • This is helpful into operational decisions of personal management relating to pay rai

Question: (a) Name clothing Business terms e.g. ready to Wear and give a brief description of the term. (b) What does merchandising imply in an apparel industry? (c) What a

Question 1: Explain briefly the seven elements of the negotiation process known as the Seven Pillars of the Negotiational Wisdom which need to be considered before and durin

QUESTION 1 What is meant by inventory? 2 Name the typical items carried in inventory 3 What are the assumptions for the Economic Order Quantity (EOQ)? 4 What are the c

QUESTION 1 (a) Mr. Gentil, a Mauritian textile exporter, is proposing to enter into an international sales contract with a French importer, to sell his textile products. Advise

Safety Organization  A safety organization consists of a systematic procedure by means  of which  interest is  co rated and  maintained and all safety activities  are co relat

Explain about the Management Information System. Management Information System: It is defined as like a formal method of making obtainable to management the precise and t