GMS 200 : Miderm Review Material-Answers.docx

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Shavin Malhotra

Document Summary

Diversity describes the differences among in gender, race , ethnicity, religion and sexual oritentation. Globalization worldwide interdependence of resource flows, product markets and business competion. Competitive advantage allows an organization to deal with market and environmental forces better than its competitors. Environmental uncertainty lack of complete info about the environment. Chapter 2 management learning from past to present. Major branches in the classical approach to management assumption: people are ration breaks up to. 3 groups scientific management by taylor, administrative principles by fayol and bureaucratic organization by weber. Contingency thinking tries to match management practices with situational demands. Hawthorne studied groups and inviduals in organizations. Taylor scientific management which emphasizes careful selection and training of workers and supervisory support. Fayol administrative principles/ 14 principles/ 5 rules; foresight, organization, command, coordination and control. Weber bureaucratic rational and efficient form of organization founded on logic, order and legitmate authority. Follect organizations as communities, combine talents, cooperating.