GMS 200 Lecture Notes - Lecture 2: Natural Environment, Organizational Culture, Sunk Costs

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

Document Summary

All of the background conditions in the external environment of the organization including: (slent) Legal-political philosophy/objectives of political party running the government. Natural environment nature and conditions of environment. Planning set objectives and how to accomplish them. Organizing assign tasks, allocate resources, and coordinate work activities. Leading build enthusiasm, inspire to achieve goals. Informational exchange and process information: monitor, disseminate, spokesperson. Interpersonal interact with people: figurehead, leader, liaison. Decisional roles: negotiate, handle disturbances, allocate resources, entrepreneur. 5 criteria for useful information: timely re: deadlines, high quality re: used with confidence, complete re: current & up-to-date, relevant re: appropriate for the task, understandable re: clear. You"re competencies: computer competency use computers top their best advantage. Information competency use technology to locate, retrieve, evaluate, organize, and analyze information for decision making. Planning: more timely access to useful information. Leading: frequent, better communication with stakeholders; objectives stay clear.