ADMN 1000H Lecture Notes - Lecture 5: Competitive Advantage, Human Resources, Social Enterprise
6 Apr 2017
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Dominic barton - mckinsey and co for those of you in commerce, take the opportunity to also study philosophy! Competitiveness - ability to design, produce and market goods, the price and nonprice characteristics of which form a more attractive package than those of competitors. New zealand, best rugby players/teams in the world despite how small the country is. Political and economic contexts of management and business. Types of competition (perfect, monopoly, oligopoly, monopolistic) (actually types of industry structure) Government as guardian of the private business sector. Why government should not play the role of guardian of business; deregulation and privatization. Hard for canada"s banking system to fail. Major aspect of canada"s political, economic, cultural contexts not described in text. Deframe - traditional framing - negative social issues". Reconciliation era - new models of relationship. Factors which influence the development of business and broader economy. Factors include domestic economic strength, internationalization, government, finance, infrastructure, management, science and technology, people.
