ADMS 1000 Study Guide - Final Guide: Independent Contractor, W. M. Keck Observatory, Mary Parker Follett
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25 Nov 2015
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ADMS 1000 Full Course Notes
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Chapter 1 business: identify and explain four internal challenges for. Labour labour involves the people that the company hires and work towards the company"s goals and objectives. Leadership leadership involves the management of the organization that leads and motivates its employees. Structure the structure of a business can also be a determinant of a businesses" success. Strategy the decisions made by business managers about how the company will address political, economic, global, societal, competitive and technological forces: describe the difference between the general environment and the specific environment. The specific environment of business is surrounded by its external stakeholders. These are parties or groups that have direct influence on the organization"s ability to obtain resources and generate outputs. Development that meets the needs of the present without comprising the ability of future generations to meet their own needs. In business, the relationship between the three p"s: people, planet and profits.