ADMS 1000 Chapter Notes - Chapter 10: Permanent Employment, Visible Minority, General Agreement On Tariffs And Trade

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

Document Summary

Chapter 10 confronting changing contexts: the success of any organization depends on the capability to maintain stable and reproducible organizational processes and outcomes, economic changes. Lifetime employment appears to be a thing of the past. Part time and temporary work arrangements have become much more common than in the past. Flattening of many organizational hierarchies has tended to substitute horizontal or lateral career movement for the formal vertical movement, so that you might move around an organization into different areas rather than directly up the hierarchy: competitive changes. Organizations must adapt to change as competition evolve in markets from fragmented and fast-growing to concentrated and declining. Organizations, to compete effectively, must continually create new and better methods of serving customers: technological changes. Technology has changed the economy in a fundamental way, promising a golden future of rapid growth, low unemployment and inflation, perpetual economic expansion, and a booming stock market.