ADMS 1000 Chapter Notes -Imperfect Competition, Daimler-Benz, Starbucks

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

Document Summary

Lack of external goals over large scale businesses. Gullible and greedy investors corrupt organizations and management. Gareth morgan suggests that images are very important in organizations. 3 broad categories: private sector, private for profit sector, private not for profit sector (organizations and unions) Secondary: manufacturing; much demonstrated by foreign owners. *each organization has a different interaction with each environmental factor, including political. What is the role of business in our large society? th 2013. Business: private, commercially oriented organizations (includes publically traded corporations) Society: a nation or large group of people with common values, history, tradition, institution, activities, and interests. It is an interest or share in an activity. A right- a legal right/ moral right. Ownership- a legal title to an asset/ property. Steak holder definition: a steak holder is any individual or group who can affect or is affected by the actions decisions, policies, practices or goals of organizations (freeman 84)