MGMT 1000 Lecture Notes - Lecture 3: Pedagogy, Swot Analysis
Document Summary
3. 1 using swot analysis to think about your business plan idea. Focus on economic, social, and environmental performance as opposed to just financial success. Economic aspect must be able to buy supplies, pay employees, and pay shareholders. Social aspect contributes to community, promote human rights, encourage safety in the workplace. Environmental aspect cut down on pollution and energy consumption. By considering tbl, you: encourage passionate workers to work for you, positive image for shareholders, prevent boycotts, and create more opportunities. Technology makes some people lose their values and move away from tradition. It takes these things away and leaves a desert. They make sacrifices for short-term gains and improvement of productivity. Why: loss of knowledge scientist were saying before that can-feeding a baby was better than breastfeeding, so people stopped breastfeeding. However, one woman started it up again and soon everyone followed. After, the scientists agued that breastfeeding is preferred: hidden curriculum relation between professional and client.
