business activity Flashcards
what is meant by teological?
exists for some purpose
what is the firs step in designing a system of organisation and why?
establishing a goal as it is tied to the purpose of the organisation
what does each actor have in SoO?
a goal or a purpose
what is meant by value
anything that is is considered to be of worth to someone
can be material and immaterial (social status)
what do most goals relate to?
creating value
what is meant by equifinity?
meant that the gal or purpose can be achieved in multiple ways
what does equifinity mean for organisations?
that different systems can be designed in order to produce the same goal
implement different action to achieve some goal
what is meant by instrumental action?
business activity
directed to achieving a goal
what is involved in business activity?
the transformation of value
what are types of transformations of value?
producing, distributing or consuming value
how is activity measured?
measured by its performance
what is performance?
measurement/evalusation of whether you are doing the right thing, minimal resources and high level
efficacy, efficiently and effectively
what does efficacy mean?
doing the right thing
what is meant by measurement?
form of communication
we choose signs to stand for things e.g time clock is used to measure time
what is performance measurement?
can use signs for certain features of activity indicating if something is happening or to indicate duration
