BU398 Chapter Notes - Chapter 2: Net Income, Business Process, Relate
Document Summary
Chapter 2 strategy, organizational design and effectiveness. The role of strategic direction in organizational design: organization created to achieve purpose, decided by ceo and top mgt team pp. 50-70. Organizational purpose organizations created and continued to accomplish something different parts of the org establish own goals + objectives to help meet overall goals, mission or purpose of org. Employee development: refers to training, promotion, safety, and growth of employees. Strong employee development goals are one of the characteristics common to organizations. Pertain to internal flexibility and readiness to adapt to unexpected changes in the environment. Innovation goals defined in terms of the development of specific new services, products, or production processes. Concern the amount of output achieved from available resources. Typically describe the amount of resource inputs required to reach desired output. Stated i(cid:374) ter(cid:373)s of: (cid:272)ost for a u(cid:374)it of produ(cid:272)tio(cid:374) ; u(cid:374)its produ(cid:272)ed per e(cid:373)plo(cid:455)ee (cid:858) resour(cid:272)e (cid:272)ost per e(cid:373)plo(cid:455)ee.
