ADMS 1000 Lecture Notes - Lecture 1: Business Ethics, Costco, Switching Barriers

• School: York University
• Department: Administrative Studies
• Course: ADMS 1000
• Professor: Natalie Guriel

Document Summary

Week 1: labour issues include inding and hiring people with right skills, complying w/ employment laws and regulaions. This extended to even min. waged jobs and sparked a lot of controversy. This is ex. of inding: unions are mostly found in the trade industries and public sector, but not much in the private sector. Wal mart closed a store illegally ighing against a union: diversity is understanding what diversity brings to businesses, for ex. mat. leave in canada is 1 year for women. In the states though mat. leave is only 6 weeks. Having these rules insured dependability: behavorial recognized that strict rules did not actually produce the best employees, another internal issue is structure in terms of hierarchy. It may depend on industry, size of producion and company: the last internal issue is strategy, the decisions that make a company a sustainable business in the long run. The main issues are cost leadership= keeping good prices.