ADMS 1000 Study Guide - Midterm Guide: Learning Curve, Premium Pricing, Competitive Learning

540 views14 pages
whitebuffalo5917706 and 39630 others unlocked
ADMS 1000 Full Course Notes
12
ADMS 1000 Full Course Notes
Verified Note
12 documents

Document Summary

Six forces model (economic, global, technological, compeiive, societal, poliical) < b/c contractors do their job as the way they see it. < b/c a contract is usually for only a short period of ime. Perform an orgs < important & essenial tasks. < to none b/c they usually provide or bring their own tools. > b/c they do the tasks speciically assigned by boss. > b/c more money invested long term in employees. Long-term contracts providing employees with good beneits. No unions, or employment insurance(circumstanial ), or collecive bargaining agreements. Shorter job tenure with fewer beneits and decreased pay. Compeiive markets are best let alone (s&d) will naturally drive complex economies (eg. Worker wages will luxuate based on market wellbeing) No concern for working condiions of employees, proit comes irst. Doesn"t support gov"t involvement in business afairs. Boss and employer have a shared interest.