GMS 200 Study Guide - Intellectual Capital, Knowledge Worker, Brainpower
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GMS 200 Full Course Notes
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Workforce diversity reflects differences with respect to gender, age, race, ethnicity, religion, sexual orientation, and able-bodiedness. A diverse and multicultural workforce both challenges and offers opportunities to employers. Career of 21st century won"t be uniformly full-time and limited to a single large employer. Critical skills for success in the new workplace. A collection of people working together to achieve a common purpose. Organizations provide useful goods and/or services tat return value to society and satisfy customer needs. Composed of interrelated parts that function together to achieve a common purpose. Environmental feedback tells organizations how well it is meeting the needs of customer and society. Value is created when an organization"s operations adds value to the original cost of resource inputs. When value creation occurs: businesses earn a profit, nonprofit organizations add wealth to society. Global management (notes: an overall measure of the quantity and quality of work performance with resource utilization taken into account.