ACCTG 1 Lecture Notes - Lecture 2: Outsourcing, Job Satisfaction, Absenteeism

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Organization theory: introduction to organization theory and design. Number of challenges for managers at organizations: Analysis of the organization from a macro perspective. Examine the principles that underlie the design, operation, change and redesign of organizations. Understanding how managers can change the principles to respond to challenges and thereby maintain and increase the organizations effectiveness. Analyzes the organization itself or its primary subunits (departments or division) Concerned with the overall organizations ability to achieve its goals and adapt to its environment (organizational effectiveness) Studies the behavior of individuals and teams in the workplace. Focuses employee performance and attitude variables for example employee productivity, absenteeism, turnover, job satisfaction. Emphasizes individual level: perception, values, learning, motivation and personally- task interface; team level: roles, status, leadership, power, communication and conflict. Definition: an organization is a consciously managed and coordinated social entity with an identifiable boundary, which functions on a relatively continuous basis to achieve a common goal or set of goals.

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