GMS 200 Chapter 1: GMS 200 - Chapter 1

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Amirmohsen Behjat

Document Summary

Diversity: reflects differences with respect to gender, age, race ethnicity, religion, sexual orientation and ablebodiedness: an asset (business imperative, challenges and offers opportunities to employers. Diversity bias in a workplace: prejudice, discrimination, glass ceiling effect. Globalization: is the worldwide interdependence of resource flows, product markets and business competition that characterize the new economy: national boundaries of world business have largely disappeared. India: serves sandwiches made with mutton and chicken instead of beef. Technology: globalization runs through technology such as the internet, phones, video conferences, etc. Ethics: et (cid:373)oral sta(cid:374)dards of (cid:449)hat is (cid:862)good(cid:863) a(cid:374)d (cid:862)right: i(cid:374) o(cid:374)e"s (cid:271)eha(cid:448)ior. Careers: challenging to find the first official job, but it is also about successful career planning. Open systems organization: transforms resources from the environment into product outputs. Productivity: the quantity and quality of work performance, with resource utilization considered. Performance effectiveness: an output measure of task or goal accomplishment. Performance efficiency: an input measure of resources cost associated with goal accomplishment.