ADMS 1000 Lecture Notes - Lecture 5: Cloning, Decision-Making, Scientific Management

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

Document Summary

Specific environment: environment within which an organization operates (shaped by general environment) ex. General environment: environment shared by all organizations in a. What happens inside the walls of a business (internal): political force government influences on an organizations decisions through laws, taxes etc. Taxes: taxes may influence a company on where canada locates. Environmental fees: economic force economic influences of an organization. Interest rate: if low companies borrow money cheaply and expand. Currency rate: export or not (us $ higher than can) Unemployment rate: high unemployment is good for companies so they have a variety of people to choose form. National debt: how much government owes: technological forces: how a company obtains resources. **increasing global productivity*: societal forces: influence of society. Customer preference businesses respond quickly to customer: competitive forces: competitors influence an organizations decision. Competitors are organizations selling similar products and services preference. Who are your competitors: global forces: all five forces but in all international context.