Class Notes (834,526)
Canada (508,575)
York University (35,156)
ADMS 1000 (497)
Lecture

Session 1.doc

3 Pages
128 Views
Unlock Document

Department
Administrative Studies
Course
ADMS 1000
Professor
Len Karakowsky
Semester
Winter

Description
Session 1 EXPLORING THE CANADIAN BUSINESS ENVIRONMENT: A FRAMEWORK What are the fundamental external forces which all organizations must confront in their struggle to survive and prosper? Reading: Karakowsky (2011) Chapter 1 ORGANIZATIONS AS OPEN SYSTEMS What is an organization? - Social entities - Goal oriented - Interact with the environment Metaphors to describe organizations - Organizations as open systems THE EXTERNAL CONTEXT OF BUSINESS SPECIFIC ENVIRONMENT GENERAL ENVIRONMENT The environment of business: FORCES THAT DETERMINE BUSINESS SUCCESS OR FAILURE • WE NEED TO CONSIDER THE EXTERNAL FORCES – THESE ARE FORCES THAT ACT ON ALL BUSINESSES IN ANY LOCATION IN THE WORLD. GENERAL EXTERNAL ENVIRONMENT OF BUSINESS 1. ECONOMIC FORCES • An economic slump can mean downsizing, cuts in training and staff development, end of traditional work practices etc • An economic boom can mean expansion, extra training, R & D etc 2. COMPETITIVE FORCES • Business must think about who their competitors will be • Competition may be at a local, national or global level. It may be open or restricted • What are the advantages and disadvantages of competition? 3. TECHNOLOGICAL FORCES • Technology has an important influence on organizations - accessibility influences market entry and operating costs • Consider how technology has influenced the role of work and how work is done, e.g. teleworkers, flexible work practices 4. LABOUR FORCES • The changing nature of the workforce • The increasingly diverse nature of the workforce • As a “voice” for the labour force, consider how unions have impact work and society 5. GLOBAL FORCES • Global forces have an international dimension • Organizations must now think globally • Global forces have resulted in business outsourcing in order to gain a competitive advantage 6. POLITICAL FORCES • Political change can be very influential e.g. deregulation of Canadian Telecoms, banking industry, reduction of trade barriers, changing political leaders • In Canada there is a move towards less government intervention 7. SOCIETAL FORCES • How can society impact business? • What responsibilities does business have to society? • Has the increasingly global nature of business created new responsibilities for business? CANADA: A GREAT PLACE TO DO BUSINESS? • HOW WOULD YOU DESCRIBE THE CANADIAN BUSINESS ENVIRONMENT? • IS CANADA A GOOD PLACE FOR BUSINESS? FOR YOU AS A PROSPECTIVE EMPLOYEE? • IE WHAT’S THE ENVIRONMENT OF BUSINESS? ….In Canada 1. ECONOMIC FORCES • Gross Domestic Product (total value of a country’s annual output of goods and services) • Money from the production goes to employees, business owners and the government (through taxes). • We want GDP to grow annually! 2. COMPETITIVE FORCES • What competitors are doing in your industry obviously will influence your success or failure. Which industries are very competitive right now? 3. TECHNOLOGICAL FORCES • Resource based economy (farming, mining, forestry etc) now moving to
More Less

Related notes for ADMS 1000

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit