Management Science Theory and Practice | Science | Behavioural SciencesManagement Science in Hospitality and Tourism is a timely and unique book focusing on management science applications. The first section of the book introduces the concept of management science application in hospitality and tourism and related issues to set the stage for subsequent sections. Section II focuses on management science applications with conceptual pieces, empirical applications, and best practices with examples coming from different parts of the world and settings. The last section ends with a chapter focusing on challenges and future research directions. This book goes beyond revenue management topics and presents a broad range of topics in management science applications as they relate to hospitality and tourism cases. Researchers and students in hospitality and tourism will find this book very useful since it contains chapters on data analytics, e-commerce and technology, revenue and yield management, optimization methods, resource allocation, goal programming, dynamic programming, Markov chain models, trends analysis and detection, measuring potential and attractiveness in tourism development, performance measures and use of indices in hospitality and tourism, and more. This book is the only comprehensive text on management science applications in hospitality and tourism.
1-Management, Science, Theory, And Practice
After studying this chapter, you should understand 1. The nature and purpose of management. That management applies to all kinds of organizations and to managers at all organizational levels. That the aim of all managers is to create a "surplus" 4. That the nature of excellent and admired companies and their characteristics.
Organizational theory consists of approaches to organizational analysis. Organizations are defined as social units of people that are structured and managed to meet a need, or to pursue collective goals. Theories of organizations include rational system perspective, division of labour , bureaucratic theory, and contingency theory. In a rational organization system, there are two significant parts: Specificity of Goals and Formalization. The division of labor is the specialization of individual labor roles, associated with increasing output and trade.
Management The art of getting things done through people Management is the process of designing and maintaining an environment in which individuals, working together in groups, efficiently accomplish selected aims. Basic definition needs to be expanded All managers carryout managerial functions of planning, organizing, staffing, leading and controlling Management applies to all kinds of organizations and managers at all levels of organization t is concerned with productivity, which implies effectiveness and efficiency! Time spent in carrying out managerial functions Hi e ra r ch y Top Mgmt ontrolling Or ga niz in g. Skills an! Harold "oontz!