ADMS 1000 Chapter : ADMS1000M Notes (1).doc
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ADMS 1000 Full Course Notes
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Social entities, created to achieve goals, interact with the environment. A group of people together to accomplish a common goal. An open system, a living organism continually interacting and exchanging resources with its external environment. Open system is embedded in, and dependent on exchanges with the environment they operate within. Organizations are continuously forced to adapt to changing economic conditions. An organization will have its own set of competitors, yet the force of competition can be viewed from a more general level. Key success factors for firms at each stage of the lifecycle. Technology plays a central role in how an organization functions, how it obtains resources and, ultimately, how effectively it competes. Change in technology is a constant and is a force that permits and demands organizational change. The nature of a society certainly is an entrenched part of any organization"s general environment.