ADMS 1000 Lecture Notes - Lecture 1: North American Free Trade Agreement, Free Trade, Corporate Social Responsibility

• School: York University
• Department: Administrative Studies
• Course: ADMS 1000
• Professor: Eytan Lasry

Document Summary

Identify the internal and external forces that all organizations must face in their struggle to survive and prosper. Provide an overview of the canadian economic context. An open-system, a living organism" continually interacting and exchanging resources with its external environment. Not a machine-like closed system that processes inputs while buffered from its environment. The corporate form of organization and its advantages. How to resolve the problem of agency in corporations: Parties/groups that have a direct link or influence on the organization e. g. customers. Exchange rates, interest rates, monetary and fiscal policies . Laws, trade agreements, taxes, regulation, crown corporations, business incentives and subsidies, tariffs, quotas In canada (and elsewhere) there is a general trend towards less government intervention in the economy. The nature and role of entrepreneurial and small business. The challenges of non-profit organizations: acquiring and managing financial resources. 13% of gdp but > 50% of exports.