ADMS 1000 Chapter Notes - Chapter 1: Human Capital, Invisible Hand, Oligopoly

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ADMS 1000 Full Course Notes
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ADMS 1000 Full Course Notes
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3 categories: public/gov organizations providing goods/services without generating a profit, private/non-gov organizations providing good/services without generating a profit, private organizations producing goods/services for profit and benefit of owners/shareholders. Notion of organizations social construction (giving tangible name to something we take for granted) Words, names, concepts, ideas, facts, observations do not denote external things as conceptions of things activated in the mind. Not the reality of what is out there but what we perceive to be out there. Creative form producing effect through crossing images (ex. Between a and b we come across a generated new meaning) We have organizations as a machine, living organism, political system, theatre, sports team, family. Guiding our thinking in area of management philosophy. Ex) organism metaphor conception of organizations as systems of mutually connected and dependent parts constituted to share a common life. Try to advance our understanding of what organizations represent.

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