ADMS 1000 Lecture Notes - Lecture 1: Organizational Chart, Canadian Business

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ADMS 1000 Full Course Notes
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ADMS 1000 Full Course Notes
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Lecture 1: exploring canadian business: a critical approach. An organization consists of people with formally assigned roles, who work together to achieve stated goals within an identifiable boundary. A social entity composed of people, interacting with each other to perform essential functions. Goal directed exists for a purpose. Deliberately structured characterized by formally assigned roles deliberately divided into sets of activities. In an identifiable boundary maintaining itself as an entity distinct from the environment. Strategy: a plan or a course of action leading to the allocation of the organization"s resources in reaching an identifiable goal(s) Structure: a pattern of relationships that exist between individuals in the organization. It is characterized by the organizational chart (i. e. functional, decentralized, etc. : reflects the formal hierarchy of authority in the organization. Systems: procedures and routinized processes controlling and coordinating behavior in the organization. Shared values: significant meanings or guiding principles that the organization instills in the members. Skills: distinctive capabilities of key personnel.

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