ADMS 1000 Final: Admin Studies Final Exam Review

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

Document Summary

is the economy health weak? need to ask to obtain resources from the environment. organizations need to adapt to changing economic changes. economic changes have also facilitated changes to the nature of the employer-employee relationship. gross domestic product: the total value of a country s output of goods and services in a given year y. work in two levels of an organization. organizations, to compete effectively must continually create new and better methods of serving customers. globalization has opened up larger markets for businesses it has also facilitated much higher levels of competition. oligopoly: where there are a small number of producers with a different product y. change in technology is constant and us a force that permits and demands organizational change. knowledge worker: underscores the increasing importance of higher education and the value of transferable.