BU398 Study Guide - Midterm Guide: Numeracy, Network Virtualization, Netflix
Document Summary
Social entities: they"re us, the ones who make the products and services. You would be hard pressed to find a business without one or more of the elements listed above: ie. There isn"t a company/organization that doesn"t have goals. Ideas about what organizations are and how they work. Closed: does not depend on its environment (true closed systems cannot exist: early theories (ie. scientific management) focused on closed systems. Scientific management: looking at an organization internally and. Open: linked to the external environment finding the most efficient way to carry out operations. Functions required for organizational survival: boundary spanning: exchanges with external environment. On the input side, it"s acquiring materials. On the output side, it"s the final good/service. Ryan tran: production: produces product and service outputs, maintenance: maintains the smooth operation and upkeep of physical and human resources, adaptation: responsible for organizational change, management: coordinates and directs other subsystems.
