BUS 082 Lecture Notes - Lecture 4: Business Ethics, Trade Union, Critical Thinking

• School: College of The Sequoias
• Department: Business (BUS)
• Course: BUS 082
• Professor: gradin

Document Summary

The ability to perceive marketplace needs and what an organization must do to satisfy them. The ability to analyze and assess information to pinpoint problems or opportunities. The capacity to develop novel solutions to perceived organizational problems. Managers must be comfortable with tough decision in fluctuating conditions. Factors that require organizational change can come from both external and internal sources; successful managers must be aware of both types of factors. The standards of conduct and moral values involved in decisions made in the work environment. A management philosophy that includes contributing resources to the community, preserving the natural environment, and developing or participating in not-for-profit programs designed to promote the well-being of the general public. Political, social, and legal conditions differ in every country. Economies generally classified in one of three categories: private enterprise system (capitalism or market economy, planned economies: socialism, communism, mixed market economies (combinations of the two)