GMS 200 Lecture 6: week 6

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Sui Sui

Document Summary

1940s-70s gm: wage leader: wage formula negotiated with united auto workers. 3% plus productivity and cost of living adjustments www. notesolution. com: introduced pensions, health insurance, joint training funds, work family benefits. Self-assessment a 21 st century manager? (09/14/10: resistance to stress: g, tolerance for uncertainty: g, social objectivity: g. Inner work standards: g/w: stamina: s, adaptability: s, self-confidence: g, self-objectivity: s/g. What is an organization: a collection of people working together to achieve a common purpose. Are organizations an open or a close system: the environment supplies (resource inputs) www. notesolution. com. M a i | 3: people, money, materials, technology, information, the organization creates (transformation process, work activities turn resources into outputs, the environment consumes (product outputs, finished goods and/or services, customer and client feedback. Productivity and the dimensions of organizational performance: effective but not efficient, goals achieved, resources wasted, neither effective nor efficient, goals not achieved, resources wasted.