Professional English Quizzes | Modern Management Theory

by Danny Ballan | Feb 3, 2022 | Uncategorized

Welcome to your Professional English - Modern Management Theory

1. 
This system was introduced from Japan in the 1980s. It means ordering components exactly when you need them, and supplying goods exactly when the customer needs them. It eliminates storage time and reduces costs.

2. 
Many large corporations and multinationals had grown too complex by the 1990s. Some sectors of the organization were less profitable. Many of these companies sold off or closed the under-performing sectors.

3. 
Management increasingly understands the value of sharing power with others throughout the organization. This leads to more participation in decision-making.

4. 
This is closely related to empowerment. By encouraging employees to work in very fluid teams, responsibility is shared. Employees and managers at all levels develop a better self-identity and work becomes more interesting. This system is seen as much more efficient than linear or hierarchical structures.

5. 
This is a 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, service and product.

6. 
This management approach focuses on measuring the quality of service in all aspects. The idea is to develop systems that are more efficient and more economical, but which are also more able to meet the needs of customers.

7. 
This approach recognizes that companies cannot do everything. It can be better to use external suppliers for some specialist operations, or particular components in manufacturing. This decision can create quality improvements and cost savings.

8. 
Many companies have developed internal training programs to help with staff development. This is an important investment in the workforce. It not only makes people better at their job, but it also makes them happier. It may also help companies to keep their best managers and staff.

Related Posts

Finding Your Authentic Voice

You Don’t Find Your Voice. You Build It.

Everyone tells you to find your authentic voice, as if it were buried somewhere waiting. It isn’t. Voice is assembled from imitation, refusal, and repetition, and the people who have the strongest ones are usually the people who copied the most. Here’s how it actually works.

0 Comments

Submit a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Posts

The Polymath Advantage

The Polymath Advantage: Why Raising a Specialist Might Be the Riskiest Bet You Can Make

Our schools reward narrow expertise and treat broad curiosity as a lack of focus. But the evidence suggests the opposite: children who sample widely, connect ideas across fields, and resist premature specialization are the ones best equipped for a world that keeps rewriting the job description. Here is the case for range, the honest counterargument, and what to actually do about it.

read more...

Categories

Follow Us