February 2020

Chapter 1–Page 2

Page 2 ~ In addition to job description and organization charts in a company, there are other elements such as budgets, forms, appraisal systems, systems for introducing new products to the company, salary-administration systems, long-range forecasts, management-development systems, goal-setting systems, data-processing systems, and management-information systems.  All are developed independently with very little integration and frequently …

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Shareholder, Employee, Customer: The Basic Triad

A company is a multidimensional system capable of growth, expansion, and self-regulation.  It is, therefore, not a thing, but a set of interacting forces.  Any theory of organiztion must be capable of reflecting a company’s many facets, its dynamism, and its basic orderliness.  When a company organization is reviewed, or when reorganizing a company, it …

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