Organizational Theory and Value Creation

Front

What is an organization?

Back

Collectivities of parts that cannot accomplish their goals effectively if they operated separately.

Front

What is the purpose of an organization?

Back

A tool people use to coordinate their actions to obtain something they desire or value to achieve a goal.

Front

What happens if an organization does not create value?

Back

It will 'die'.

Front

How do organizations create value?

Back

Through the process: Environment > Input > Process > Output

Front

What is Organizational Theory?

Back

A set of propositions that explains or predicts how groups and individuals behave in varying organizational structures and circumstances.

Front

Environment in an organization compose of?

Back

customers and suppliers

Front

Input in an organization compose of?

Back

Raw Materials, IT and HR

Front

Process in an organization compose of?

Back

Machines, Computers and KSAOs

Front

Output in an organization compose of?

Back

Products and Services

Front

KSAO's stands for?

Back

knowledge, skills, abilities, and other characteristics