ADMS 1000 Study Guide - Final Guide: Canadian Business, Corporate Social Responsibility, Oligopoly

• School: York University
• Department: Administrative Studies
• Course: ADMS 1000
• Professor: All

Document Summary

3 short essay questions + multiple choice arrive early 2 page double space per question 1 pg is fine. 25 multiple choice not opinion based answers week 1 the external and internal contect of business (the environment the factors, 7s framework ) What are the different external forces and how they influence organizations. What do we mean by the internal context of business. External forces: speak about the canadian business and how socio cultural forces have changed in a particular industry. Strategy structure, skills, leadership, culture week 2 the economic context. Factors of production- contrast command market and free market system. Types of economic systems monopolistic, pure competition, oligopoly characteristics of each! Law of demand and supply, what shifts demand upwards shifts to the left shifts to the right. Tpyes of competition in a free economic system. Economic growth indicators- how fast the economy is doing, globalization, unemployment, jdp, gnp ( gross national product) textbook chapter 2 week 3.