ADMS 1000 Study Guide - Midterm Guide: Organizational Learning, Canadian Business, Scotiabank

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ADMS 1000 Full Course Notes
12
ADMS 1000 Full Course Notes
Verified Note
12 documents

Document Summary

**do case studies before exam, 3 essay questions, 3 case studies, 16 multiple choice. Chapter 1: exploring canadian business: a critical approach. 4 fundamental concepts: the employment relationship: responsibilities, leadership and effectively managing people, developing a suitable organizational structure (organizational structure, generating a winning business strategy (strategy) Sustainability in business is defined as the relationship between the 3 p"s: people, profit and the. Planet (also known as the accounting framework or the triple bottom line) these three p"s are interrelated and effect each other importantly. Adms1000 midterm review taking this idea of sustainability into strategy has benefits in the long-term --> reducing costs, risks and improving customer relations. The challenge of change effective change and adaptation to environment organizational learning: detection and correction of error, collective experience of individuals within the organization that results in changes in organizational procedure -->