MGTA02H3 Lecture Notes - Lecture 1: Human Resource Management

163 views5 pages
12 Jan 2020
School
Department
Course
Professor
ivanzh686 and 40070 others unlocked
MGTA02H3 Full Course Notes
1
MGTA02H3 Full Course Notes
Verified Note
1 document

Document Summary

What the people who work in the business must do. A business turns factors of production (inputs) into products that people demand (output) Anything that is not legal, is not a business. Mgta02 looks at what goes on within the "rainbow box" (the system) To succeed, every business must perform a number of functions: Textbook and lecture schedule follow a model called "the value chain" "value chain" model suggests businesses are systems that turn factors into goods and services that people demand. In order to make a profit, and succeed, a business must do all of these things. In order to make a profit, and succeed, a business must do all of these things quickly, efficiently, and well. For the business to succeed, each of these functions must be: Review: mission: business is formed for a purpose, sometimes hard to see, what the purpose is, how to accomplish that purpose, businesses need leadership.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers

Related Documents