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Research Background of Business Management

This document summarizes the evolution of business management through the centuries. It began in a rudimentary way in ancient Egypt and became professional over time thanks to theorists such as Adam Smith and Frederick Taylor. In the 20th century, new approaches emerged such as Maslow's hierarchy of needs and Peter Senge's learning organization. Recently, technology, remote work and artificial intelligence are further transforming business management.
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0% found this document useful (0 votes)
24 views6 pages

Research Background of Business Management

This document summarizes the evolution of business management through the centuries. It began in a rudimentary way in ancient Egypt and became professional over time thanks to theorists such as Adam Smith and Frederick Taylor. In the 20th century, new approaches emerged such as Maslow's hierarchy of needs and Peter Senge's learning organization. Recently, technology, remote work and artificial intelligence are further transforming business management.
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INVESTIGATION BACKGROUND OF THE

BUSINESS MANAGEMENT

NAME: LUIS ALEJANDRO MORENO MEJIA

GRADE: 2 GROUP: 2

CAREER: GASTRONOMY

TEACHER: MTRA. ELSA NELLY FLORES HERNANDEZ

SUBJECT: FUNDAMENTALS OF BUSINESS MANAGEMENT

DATE: JANUARY 30 , 2021

1
INDEX

INVESTIGATION BACKGROUND OF THE BUSINESS MANAGEMENT...................1


INDEX.................................................................................................................................2
INTRODUCTION...............................................................................................................3
DEVELOPMENT................................................................................................................4

2
INTRODUCTION

Business management is the basis of any company, for the process to flow
continuously the company must grow, this is achieved by managing new resources,
on the contrary, if management is not good, the company will decline. This means
that the company must meet certain requirements to achieve certain organizational
objectives. Although at first glance it may seem simple to manage, the real situation
of the company is the opposite, it requires fully trained people who know how to do
the job correctly. Nowadays, it is important to include business changes, new ideas,
technological advances, etc. Therefore, it is vital to apply engineering to any
business, no matter what industry or type it belongs to.
The main needs of change agents are to provide new impetus for innovation, senior
management capabilities and strategy development. All of these needs can meet
the needs of business management, and business management can provide
agents with training and education that covers these aspects, which are related to
the business of other industries.

3
DEVELOPMENT

The first written company dates back to ancient Egypt and was used to build
pyramids. The way in which companies managed resources was very rudimentary,
until the first ten years of the 20th century some innovative theories began to be put
into practice, the idea came that the training of workers was essential to increase
their productivity. In addition, the positions of managers or directors have been
professionalized and no longer need to be owners of companies or companies,
considered by some as the latest concept of modernity. Classical economists such
as Adam Smith and John Stuart Mill provided the theoretical background for
resource allocation and production as standardized methods and quality
procedures. (Christophe., nd)
The first modern school of management was based on Frederick Taylor's scientific
management principles, which appeared at the end of the 19th century. The
principles behind Taylor's scientific management focused on the system rather than
the employees, thus integrating the role of the manager. (Peña, 2009) In the 20th
century, around 1920, the first theory of comprehensive management appeared.
Harvard Business School offered the first Master of Business Administration in
1921, but in 1954 Abraham Maslow appeared, who explained his hierarchy of
needs in a book called "Motivation and Personality," which largely showed how
managers view motivations. of employees, employees must satisfy lower-level
needs before they can satisfy higher-level needs. (Corvo, 2009)
In 1990 Peter Senge popularized the learning organization by taking five disciplines
that are present in learning organizations. (Corvo, 2009)

• Personal domain.
• Systemic thinking.
• Shared vision.
• Mental models.
• Team learning.
Ethics in management changed the perception of employees, because in 1995 they
went from a cost to a commercial asset. But at the beginning of the 21st century it
turned out to be much more difficult to continue subdividing operations into
categories, therefore, at the beginning of the 2000s, organizations began to focus
on using technology to promote growth and create value, this beginning a computer
revolution called Big Data. (Dominguez)

Although in 2009 it was decided to start with another motivation theory better called
Drive, where this theory contradicts the notions of the reward and punishment

4
system based on external factors, as it can motivate people. The active factors of
the person in charge are internal factors, such as autonomy, mastery and purpose,
times change and since 2013 new methods were implemented. Recently the
possibility of working from home has become more and more accepted, which is an
important advantage for people, the meaning of online platforms is that as
freelancing becomes more common and companies are interested in opting for
these solutions instead of long-term workers, but on the other hand, the impact of
robotics and artificial manufacturing will increase, this will gradually be reflected and
intelligence in the labor market will lose millions of jobs, allowing people of working
age change to new occupations. (Palma, 2011)

If a company's strategy is based on innovation, motivation and efficiency, it will


benefit from it, these benefits increase its value and will allow the company to
distribute benefits fairly and reward those involved, shareholders, managers and
employees. . (Rojas, 2019)
The company has the responsibility of ensuring that each member of the
organization takes the idea of the client as an objective seriously and this is
reflected in a correct attitude in the performance of their duties. (Rojas, 2019)

5
REFERENCES

1. Christophe. (sf). Background.org. Obtained from Antecedents of Business


Management: https://antecedentes.org/gestion-empresarial/

2. Corvo, H. (July 9, 2009). LIFEDER. Obtained from Origin of Business


Management (19th Century-21st Century): https://www.lifeder.com/origen-
gestion-entrepreneurial/

3. Dominguez, P. R. (sf). Introduction to business management. European


Union: EUROPEAN INSTITUTE OF BUSINESS MANAGEMENT. Obtained
from Introduction to the management business:
http://www.adizesca.com/site/assets/g-
introduccion_a_la_gestion_empresarial-pr.pdf

4. Palma, H. g. (2011). Business management, a 20th century approach, from


scientific, functional, bureaucratic and human relations administrative
theories. 2009: INET.

5. Peña, M. TO. (2009). Blogger. Obtained from ORIGINS AND THEORIES OF


MANAGEMENT BUSINESS:
http://erickgraciano.blogspot.com/2009/09/origenes-y-teorias-de-la-
gestion.html

6. Rojas, N. (October 17, 2019). Gestopolis. Obtained from Engineering in


business management: https://www.gestiopolis.com/ingenieria-la-gestion-
business-essay/

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