ADMS 1010 Lecture Notes - Lecture 1: Videotelephony, Dynamic Capabilities, Gro Harlem Brundtland

• School: York University
• Department: Administrative Studies
• Course: ADMS 1010
• Professor: Paulette Burgher

Document Summary

4s"s; internal: structure, style of management, status of organization, strategy. Vrio= what gives certain orgs competitive advantage!! stands for valuable rare inimitable (cannot be copied) organization, falls in the 3rd (cid:862) (cid:863)- If strategy stays the same but everything around changes, it will fail. Takeholders=a(cid:374)y perso(cid:374) affe(cid:272)ted (cid:271)y the (cid:272)o(cid:373)pa(cid:374)y"s (cid:272)hoi(cid:272)es/out(cid:272)o(cid:373)es, (cid:272)a(cid:374) i(cid:374)(cid:272)lude e(cid:373)ployees (unions), suppliers, banks, government. Diversify- not being so dependent on just one aspect. State of the economy: recession or growth. Interest rates: currency rates, unemployment, national debt. Political: country stability, laws and regulations, taxes, trade relationships (e. g. nafta, environmental fees, business incentives, crown corporations (government owned business, lcbo, canada post, lottery, deregulation/privatization. Technological: work approaches (e. g. video conferencing, equipment (e. g. manufacturing, electronics (e. g. smartphones, tablets, telecommunications (e. g. internet, phone service, processing systems (e. g. data processing systems) Global; includes all other 5 forces but in an international context: political, economics, technological, societal, competitive.