ADMS 1010 Lecture Notes - Lecture 1: Economic Inequality, Market Power, Cash Flow
3 Apr 2016
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Organizaion primer: deiniion of organizaion - mirriam webster= 2b an administraive and funcional structure. qlso the personnel of such a structure. Wikipedia = enity such as an insituion that has a collecive goal and is linked to external environment. This link infers that the insituiion although being exclusive from that environment, it cannot forget about it in order to successfully operate: charachterisics of orgs, social eniies, ggoal directed c) And their interrelaionships with the environment in which they operate. Big or small: 2 views: chandler = enduring logic, schumacher= small is beauiful, chandler"s primary claim that when it comes to industrial enterprise success comes from large. Evidence is given from the dominaion of large scale businesses. Large irms are able to achieve economies of scale and scope. His claim is found irst in the 5 th paragraph and more clearly in the 7th paragraph.
