ISYS111 Lecture 7: 7
17 Jun 2018
School
Department
Course
Professor
Ethical responsibility:
• The duty to follow a morally correct path
Social responsibility:
• The idea that businesses should balance profit-making activities with other
activities that benefit the community or society
Organisation:
A collection of people working together with a division of labour to achieve a
common purpose.
An organisation should return value to society and satisfy customers’ needs to
justify its continued existence.
Case of Gunn’s in Tasmania
Open systems:
Transform resource inputs from the environment into product or service
outputs.
Closed loop production
Organisation:
An organisation is a collection of people working together with a division of
labour to achieve a common purpose.
Organisational performance:
Value is created when resources are used in the right way, at the right time, at
minimum cost to create high-quality goods/services.
Performance measures include:
Productivity
The quantity and quality of work performance, with resource use considered.
Performance effectiveness
An output measure of task or goal accomplishment.
find more resources at oneclass.com
find more resources at oneclass.com
Document Summary
Ethical responsibility: the duty to follow a morally correct path. Social responsibility: the idea that businesses should balance profit-making activities with other activities that benefit the community or society. A collection of people working together with a division of labour to achieve a common purpose. An organisation should return value to society and satisfy customers" needs to justify its continued existence. Transform resource inputs from the environment into product or service outputs. An organisation is a collection of people working together with a division of labour to achieve a common purpose. Value is created when resources are used in the right way, at the right time, at minimum cost to create high-quality goods/services. The quantity and quality of work performance, with resource use considered. An output measure of task or goal accomplishment. A measure of resource cost associated with goal accomplishment. The ability to determine, by analysis and examination, the nature of a particular condition.
