BU398 Chapter Notes - Chapter 1: Chaos Theory, Organizational Chart, Human Resources
Document Summary
Organizations: social entities that are goal directed, designed as deliberately structured and coordinated activity systems, and linked to the external environment. Closed system: autonomous, does not depend on the environment, sealed off from the outside. Not possible to have a fully closed system, that is completely stable and predictable with no problems caused by the outside. Open system: one that interacts with the outside world to survive, consumes resources and exports resources to the environment. Can not seal itself off, continuously adapting, uncertain, always anticipating changes and finding ways to stay competitive by dealing with them. System: set of interacting elements that acquires inputs from the environment, transforms them, and discharges outputs to the external environment. Subsystems: parts of the organization that perform the specific functions required for organizational survival. An organization with 5 parts, that needs all of these in order to survive these parts are interrelated and work together, each part needs the other to strive.
