ACCTG 1 Lecture Notes - Mass Production, Management System, Habitat

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The appropriate solution is dependent, or contingent upon certain events or circumstances (simply put) Reaction to search for one best way" which dominated much of the first half of the 20th century (taylor, weber, etc. ). For organizations: the effectiveness of a particular organizational structure or strategy (management system) depends upon contextual factors. Technology as one perspective on organizations technology as hardware vs. technology. Technology as the material equipment, machines and instruments used to transform inputs into outputs (e. g. course on system theory) Technology as not only the hardware used in performing work but also the skills and knowledge of workers, and even the characteristics of the objects on which work is performed . Technology refers to the physical combined with the intellectual or knowledge processes by which materials in some form are transformed. Technical system refers to a specific combination of machines and methods employed to produce a desired outcome. There are other perspectives on/ other elements of organizations!

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