GMS 200 Lecture Notes - Executive Officer, Firstline, Old American Company

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GMS 200 Full Course Notes
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GMS 200 Full Course Notes
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Assignment 1; due 25/09/2012; posted on 11/09/2012; submit to turn-it-in and then in class. Minolta had two cameras, first one was low price and having good sales, second one was higher priced with better features but had bad sales. Minolta introduced a expensive, even better third camera, which made the sales of camera 2 to go up. A collection of people working together to achieve a common purpose. Are organizations an open or a close system? (pg. 12) Organizations are open systems because organizations need outside resources. People are the most important resources; they also need materials, money, goods, etc to function. The loop goes; the environment supplies (people, money, ect), the organization creates(work), the environment consumes(finished goods) customer feedback. Ex/ silicon valley, is resources rich for it companies. Productivity and the dimensions of organizational performance. (pg. Effective but not efficient: goals achieved, resources wasted. Effective and efficient: goals achieved, no wasted resources, high productivity.

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