ADMN 1000H Study Guide - Final Guide: De Facto Standard, Unemployment, De Jure
9 Dec 2016
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Internal context of business labour, leadership, structure, and strategy. Vrio model a model that examines an individual firm"s value, rareness, imitability, and organization to determine its relative strengths in comparison to its competitors in the industry. Swot analysis an analysis of the strengths and weaknesses of an organization and of external opportunities and threats it is exposed to. The strategic planning team can use this information to re-examine the organization"s mission statement to capitalize on opportunities and reduce threats: employee vs. Employee a person hired by an employer to perform work according to the terms of an employment contract. Independent contractors independent contractors of the self-employed provide labour services in exchange for compensation. They run their own businesses rather than serving as an employee for another organization or person. Factors that decide whether someone is an employee or an independent contractor include the following:
