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  1. 7.Humanistic perspective: Human relations movement, Human resources perspective. Level 2

Humanistic perspectives emphasizes importance of understanding human behaviors: needs, attitudes and social interactions.Consist of two subfields:

  • Human Relations Movement

  • Human Resources Perspective

1)Human Relations Movement-a theory according to which productivity of workers will improve if their basic needs are satisfied.

Maslow’s hierarchy started with physiological needs and progressed to safety, belongingness, esteem and finally self-actualization.

    • Control comes from the individual worker rather than authoritarian control

    • The Hawthorne studies found increased output due to managers’ better treatment of employees

    • Money isn’t mattered a great deal

    • Productivity increased from feelings of importance

    • Created a focus on positive treatment of employees

2)Human Resources Perspective implies that job tasks should be designed in such a way that employees could use all their potential.

    • Focus on job tasks and theories of motivation

    • Reduce dehumanizing or demeaning work

    • Allow workers to use full potential

    • Main contributors: Abraham Maslow and Douglas McGregor

    • Maslow’s Hierarchy of Needs

    • McGregor’s Theory X/Theory Y

Theory X and Theory Y

  1. 8.E-business and e-commerce. Level 1

Today,much business takes place by digital process over a computer network rather than in physical space.

E-business can be defined as any business that takes place by digital processes over a computer network rather than in physical space. Most commonly today, it refers to electronic linkages over the Internet with customers, partners, suppliers, employees, or other key constituents.

E-commerce specifically refers to business exchanges or transactions that occur electronically.It replaces improves the exchange of money and products with the exchange of data and information from one computer to another.

There are three types of e-commerce:

  • Business-to-consumer(B2C)-selling products and services online

  • Business-to- business(B2B)-transactions between organizations

  • Consumer-to-consumer(C2C)-electronic markets created by Web-Based intermediares

  1. 9.General environment and its dimensions. Level 2

The general environment represents an outer layer of the environment. The dimensions of the general environment include international, technological, socio-cultural, economic and legal political.

1)International dimension includes opportunities for companies to enter and operate in international markets.

  • Events originating in foreign countries

  • Impacts all aspects of the external environment

  • New competitors

  • New customers

  • New suppliers

Today, all companies global

  • Desktop computers

  • Networks

  • Internet Access

  • Handheld devices

  • Videoconferencing

  • Cell phones

  • Laptop

  • WiFi

  • Medical advances

2)Technological dimension includes scientific and technological advancements in a specific industry as well as in society.

Scientific and technological advances

Specific industries

Society at large

Impact:

Organizations

Managers

Customers

3)Economic dimension represents general economic health of the country or region in which the organization operates.(consumer purchasing power, unemployment rate, interest rate)

In order to survive in unstable environment many companies create merges and joint ventures.

-Merger occurs when two or more organizations combine to become one(Bank TuranAlem)

-Joint venture involves a strategic alliance or a program by two or more organizations (short term or long term)This typically occurs when a project is too complex, expensive or uncertain for one firm to do alone(SonyEricsson)

4)Socio-Cultural dimension represents the demographic characteristics(population density,age and education levels)as well as the norms, customs and values of poulation.

Today’s demographics are the foundation of the future workforce

Demographic trends affect organizations globally

5)Legal-political dimension includes government regulations as well as policies designed to influence company behavior.(For ex: prohibition of the advertisement of alcoholic beverages)

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