Correct Answer: Correct answer is: (B) Henry Fayol.
Exam Relevance: MBA, Management, Organizational Behavior
Difficulty: Moderate
Concept notes: Henry Fayol is recognized as a key figure in the development of operational management theory.
Common Mistakes: Students may confuse Henry Fayol with other management theorists such as Fredrick Taylor or Elton Mayo, who also contributed to management theory but in different areas.
Explanations: Henry Fayol is credited with developing the principles of management, which form the foundation of operational management theory. His work focused on the functions of management and the principles that guide effective management practices. Fayol's theories emphasize planning, organizing, commanding, coordinating, and controlling as essential functions of management. This makes him the father of operational management theory.
Option Analysis: - Option A: Terry and Franklin are not recognized as the primary contributors to operational management theory.
- Option B: Henry Fayol is the correct answer as he is known for his foundational work in management theory.
- Option C: Fredrick Taylor is known for scientific management, not operational management theory.
- Option D: Elton Mayo is associated with the human relations movement in management, not operational management theory.
Mnemonic: Fayol's Five Functions: Plan, Organize, Command, Coordinate, Control.
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Better question
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Wilhelm Wundt opened the Institute for Experimental Psychology at the University of Leipzig in Germany in 1879.
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