ADMS 1000 Chapter Notes - Chapter 1-5: Market Concentration, A Question Of Balance, Local Exchange Trading System

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

Document Summary

Canada: a great place to do business: competitiveness. Internal environment people: people are a key component of all organizations, people as a competitive advantage, recruiting the right people, managing people and teams. Leadership as a key influence on employee satisfaction & performance. A planned network of relationships between individuals in various positions in the organization. Includes the formal hierarchy of authority, e. g. distribution of work rules or procedures controlling and coordinating behaviour: many organizations are changing their structure (restructuring). A key part of all management decision-making activity. Parties/ groups that have a direct influence on the organization. An economic slump can mean downsizing, cuts in training and staff development, end of traditional work practices etc. An economic boom can mean expansion, extra training, r & d etc. Political change can be very influential e. g. deregulation of canadian telecoms, banking industry, reduction of trade barriers, changing political leaders. In canada there is a move towards less government intervention.