ADMS 1000 Lecture Notes - Lecture 4: Cloning, Contingency Theory, Outsourcing
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Chapter 4 establishing the structure of business. Provide lower-level employees more decision-making power: fluid. Public/governmental: provide goods and services without necessarily generating a profit. Private/nongovernmental organization: including voluntary organizations, which offer goods or services without necessarily generating a profit. Private organization: produce goods or services with the intent of making profit for the benefit of their owners or shareholders. System: interdependent elements working together to achieve a goal or goals. Closed systems: an isolated system that has no interaction with its external environment. Open systems: a system that interacts with its environment by exchanging energy, materials, and information with an aim of system renewal and growth. Work specialization: functional specialization: the division of jobs into simple, repetitive tasks, social specialization: specializing the person not the job (creativity) Centralization: centralization: authority at top of business, decentralization: authority lye"s within the company. Span of control: the number of people reporting to a supervisor.