Chapter 3 Flashcards
What is an organization
An organization is two or more than two people with some mutual interest.
What are 2 things to produce output
- Goods
- Services
What are 2 types of organization
- Formal
2. Informal
What is formal organization
This type of organization that has legitimacy and official recognition.
What is informal organization
The unofficial organization
What are 4 components of an organization. Organization as a system
1- Task
2- People
3- Structure
4- Technology
What is task
An organization mission/goal
What is people component of an organization
The human resources of organization
What is structure component of an organization
The manner in which an organization work
What is technology component of an organization
The intellectual and mechanical processes used by an organization to transform inputs into products or services.
What is feedback loop
Input
Conversion process
Output
What are 6 parameters for effectiveness
1- Quality 2- Productivity 3- Satisfaction 4- Development 5- Adaptiveness 6- Efficiency
What are challenges of today’s organization
- Technology
- Diverse workforce
- Multiple stakeholder
- Responsiveness
- Rapid changes
- Globalization
