MGMT 101 Midterm: Midterm Review
Document Summary
Management practice of formulating and implementing strategies in an organization, organization a set of people coordinating their activity in pursuit of common goals, characteristics of a weberian bureaucracy, hierarchy of authority, specialization of labor, written rules of conduct, meritocracy promotion based on achievement, impersonality, efficiency, organization theory slowly evolved from examining static, closed systems (weber) to dynamic, opens systems (congruence, characteristics of open system: model, interacts with environment, draws inputs from external sources, transforms inputs into some form of output. Transformation process: tools the organization uses to convert inputs to outputs: work: characteristics of jobs and how jobs are related to each other, structure: explicit, codified aspects of the organization (rewards, control systems, people: characteristics of members of the organization (demography, personality, skills, motivation, informal organization: implicit, assumed aspects of the organization (culture, values, communication patterns, output: are we performing effectively, external fit between strategy and environment.