COMMERCE 1BA3- Final Exam Guide - Comprehensive Notes for the exam ( 66 pages long!)

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The study of how people think, feel, and act; individually and in groups. If you know why most people behave a certain way, then you can predict what certain individuals will do. Organizations are social inventions for accomplishing common goals through group effort. Key characteristics of organizations: social inventions, goal accomplishment, group effort. Resource based view: financial resources, revenue, equity, physical resources, buildings, machines, technology, human, knowledge, decision-making, culture, ability, engagement, wisdom. Inimitable: history, a collective pool of experience, wisdom, and knowledge that benefits the organization, numerous small decisions, people make many small decisions day in and day out week in and week our, socially complex resources. Management practices of the best companies to work for in canada. These are policies that are in place, which shows care for the companies employees. Ob: the attitudes and behaviors of individuals and groups, how organizations can be structured more effectively.