ADMS 1000 Study Guide - Final Guide: Corporate Social Responsibility, Purchasing Power Parity, Resource-Based Economy

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

Document Summary

Orgs are social entities made of people, involve human interaction. Orgs are created to achieve goals - Orgs interact with the environment: an organization can be considered as a social construct an organization is a more of an abstract concept, an organized body, system or society. Open system are influenced and i and dependent on their surrounding area. Organizations environment includes all elements outside the organization itself: these element can potentially influence or affect the organization in someway. Organizations are created in response to environmental need: with out the right input they will not survive, if they can"t generate what is needed by the environment they will not survive. External context of business is their environment. Environment defined as: organizations specific or task environment. Things that have direct influence on ability to obtain resources and generate outputs: organizations general environment. Competitive technological: central role in function, how it obtains resources and how it competes labour societal global political forces, deregulation.