Bussines Theories

... Business theories in the production and operations management Edwin Alexander Gomez A Ana G. Mendez University System - Metropolitan University Business theories in the production and operations management The four most important management theories have high participation in modern production and operations management, by the hierarchy of needs, not only for employees, also for business needs; concerns how to handle the people, even if the human resource management has an important influence. Know the fundamentals of the theories and how they apply in production processes and operation of the company can take the loyalty and hard work of employees and allows the administrator has a positive influence on them. Taylor made three key assumptions about human behavior at work: Man is a rational economic animal concerned with maximizing his economic gain; people respond as individuals, not as groups and

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