Chapter 4 Flashcards
Organization defined
Social entity created to coordinate the efforts of individuals with the intent to achieve goals.
Economics of scale
The more you buy the better the deal
Economics of scope
Maximization of resources used throughout and organization
Inputs + Transformation = Outputs
Public organizations
City run or government run
Non profit
Volunteer organizations (right to play)
Commercial organizations
Main goal is to make a profit (nhl)
Environment
All elements outside the boundary of thr organization that have the potential to affect all or part of thr organization
Demography
Involves the examination of populations, including such elements as size, births, deaths, migration, and ages.
Traditional approaches
Focus on the output
Different stages of organizational change
Entrepreneurial
Collectively
Formalization
Elaboration