BU398- Midterm Exam Guide - Comprehensive Notes for the exam ( 42 pages long!)
Document Summary
Information: used to be just sr. management and everyone else did as told, open system. What is an organization: a social entity, goal-directed, structured and coordinated. Design flaws or orgs henry mintzberg (video: should be concerned about their impact on society, not shareholders. How orgs differ: culture, environment, goals & strategy, size, technology, structure, formalization, specialization, hierarchy of authority, centralization, professionalism, personnel ratios. Stakeholder groups: stockholders, employees, customers, suppliers, union, community, creditors, management, government, must minimally satisfy all of them, org (top mgmt. ) gets to pick who they focus on. Structure activity: what is it like to communicate and coordinate with different structures, vertical, functional, divisional, horizontal. Addressing resource dependence: establish inter-organizational linkages, ownership buy the company or the ability to produce the resource ourselves, strategic alliances/joint ventures connect with others, including competitors, cooptation bring someone from our section onto our board. Inter-organizational relationships: resource dependence, collaborative networks, working with other orgs for your common goal.