ADMS 1000 Chapter Notes - Chapter 1: Td Canada Trust, Telecommuting, Knowledge Worker

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

Document Summary

Adms1000 chapter 1: exploring canadian business a critical approach . The internal context of business: employment relationship. Workers want maximum income; business wants maximum profit -> two objectives can crash and create conflicts: leadership. Members who comprise an organization and how they manage and are managed. Any type of organization must be managed: structure. How organizations are designed and why they sometimes decided to undergo dramatic change. How it is designed and the implications of organizational design and redesign. Organizational structure a deliberately planned network or pattern of relationship that exists among individuals in various roles or positions, includes ex. Formal hierarchy of authority, the distribution or grouping of work(ex. Business strategy and its relevance to organizational success or failure. Strategy the decisions made by business managers about how the company will address external forces. External stakeholders parties or groups that have direct influence on the organization"s ability to obtain resources and generate outputs.