BUS 374 Lecture Notes - Lecture 2: Product Differentiation, Bounded Rationality, Opportunism

• School: Simon Fraser University
• Department: Business Administration
• Course: BUS 374
• Professor: Rajiv Kozhikode

Document Summary

This might not seem like an important question. Bring together cler (capital, labour, equipment, raw materials) forces. In another form, organizations exist because people wont cooperate by themselves but rather they need organizing forces to bring cooperation to people. Without cooperation some of these things are impossible and some others ineffective. Organizations can bring together various forces so that they can achieve a goal. This is cler this goes towards what is the goal of the organization. Imagine if you were a single person playing an instrument you are your own conductor you can do somethings and others you cant you are limited. Imagine an orchestra many people cooperate and play several instruments it needs a conductor that"s the management / organization. Like the orchestra conductor an organization is a directing authority. Slide 12 more things org do other than coordinate different peoples and groups!