GMS 200 Lecture Notes - Lecture 1: North American Free Trade Agreement, Foreign Direct Investment, Multinational Corporation

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Franklin Ramsoomair

Document Summary

Code of moral principles that set standards of conduct of what is good and right. Composed of interrelated parts that function together to achieve a common purpose. Transform resource inputs into product outputs (goods and services) Input resources -> behavior and processes -> outputs (cid:1) (cid:1) Line managers: ceo, responsible for work activities that directly affect the organizations outputs. Staff managers: technical experts to advise and support the efforts of line workers. Functional managers: responsible for a single area of activity. Planning: setting performance objectives and deciding how to achieve them. Controlling: measuring performance and taking action to ensure results (cid:1) (cid:1) (cid:1) (cid:1) (cid:1) (cid:1) (cid:1) (cid:1) Leading: inspiring people to work hard and achieve high performance. Organizing: arranging tasks, people and other resources to accomplish the work. Decisional: entrepreneur, disturbance handler, resource allocator, negotiator. Conceptual skills: the ability to think analytically and achieve integrative problem solving. Human skills: the ability to work well in cooperation with others.