ADMS 1000 Lecture Notes - Lecture 1: Loose Coupling, Takers, Gross Domestic Product
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Private: produce goods/services- want to make profit- benefit of. Org are social entities: they are made up of people, generated and maintained by. 3. owners/shareholders: org are large corporations or small non-profit org. Technological forces: surrounds org"s specific environ, forces that make up general environ shape the specific environ of org, also influences org"s ability to obtain resources, factors: economic, competitive, technological, societal, global and political forces. 1: plays a role in how org functions, obtains resources, how effectively it competes, exerts- applies, change in tech is constant, it permits and demands organizational change, 1 benefit= increased flexibility in work arrangements, telecommuting= work from home. 1: exert influence at specific and general levels, reduction in trade barriers worldwide opened doors for increasing presence of foreign competition in many industries, deregulation and privatization- imp of consideration effect of governmental changes on business strategy.