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Modern Management Theory 

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Modern Management Theory

Start

P1/5

This system was introduced from Japan in the 80s. It means ordering components exactly when you need then, and supplying goods exactly when the customer needs them. It eliminates storage time and reduces cost.

Corporate downsizing

Empowerment

Just-in-time

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Correct!

Pregunta 2/5

Outsourcing

Re-ingeneering

Many large corporations and multi-nationals had grown too complex by the 90s. Some sectors of the organization were less profitable. Many of these companies sold off or closed the underperforming sectors.

Corporate downsizing

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Next

Correct!

Management increasingly understands the value of sharing power with others throughout the organization. This leads to more participation in decision-making?

3/5

Outsourcing

Total Quality Management

Empowerment

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Correct!

Next

Re-ingeneering

/5

Learning organization

Empowerment

Total revision and restructuring of an entire company. It involves asking fundamental questions about the objectives of the business and how it operates. It aims to create big improvements in cost, quality and product.

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Proceed

55/5

Corporate downsizing

Learning organizations

This approach recognises that the company cannot do everything. It can be better to use external suppliers for some specific operations

Outsourcing

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