ADMS 1000 Midterm: MIDTERM REVIEW.doc

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

Document Summary

Format: 1 case with 3 questions (40 marks) + 20 multiple choice (20 marks) No books, notes, laptops, phones or any electronic devices are permitted. Essay-type answers for case questions (no pt-form) All the material covered in weeks 1 5 (see syllabus) Intro to the internal and external context of business. 1: employment relationships, managing the workforce, corporate governance and organizational structure, strategic management. Excessive foreign investment and ownership too few. Too much government regulation, protectionism, crown corporations . Textbook chapter 1 (case: sam the record man) The role of work and labour in society. Different perspectives on how to organize labour and employment relationships. Management functions (polc - fayol) and managerial roles (interpersonal, informational, decisional - mintzberg) Scientific management (f. taylor) and standardization (benefits and disadvantages) Chapter 3 (kicking horse coffee: p. 112 + film clips: fortune"s best. The problem of agency (principal agent) Solutions: aligning incentives through stock options + effective monitoring by independent board of director.