Term
| define organisational performance |
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Definition
| An analysis of a company's performance as compared to goals and objectives. Within corporate organizations, there are three primary outcomes analysed: financial performance, market performance and shareholder value performance (in some cases, production capacity performance may be analysed). |
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| ‘The key to performance in this world is information |
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Definition
| timeliness, quality, completeness, relevance, understandability. Consider five characteristics in terms of how organisations would determine the validity of their information. |
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Term
| Corporate Social Responsibility |
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Definition
| Corporate social responsibility is defined as an obligation of the organisation to act in ways that serve both its own interests and the interests of its many external stakeholders’ |
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Definition
| Internal and external stakeholders must be considered when organisational strategic decisions are made. External stakeholders are ‘government, competitors, shareholders, customers, employees, civil society, suppliers, pressure groups and regulators’ (Schermerhorn |
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Definition
| The text defines corporate governance as ‘the system of control and performance monitoring of top management |
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| Don’t assume more information is always better. Don’t assume that computers eliminate human judgement. Don’t assume the newest technology is always best. Don’t assume nothing will ever go wrong with your computer. Don’t assume that everyone understands how the system works. Don’t accept all internet sources as valid information. Do ensure you follow internet policies. Do ensure you follow email etiquette policies. |
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Definition
| 1: IDENTIFY AND DEFINE THE PROBLEM. 2: GENERATE AND EVALUATE POSSIBLE SOLUTIONS. 3: CHOOSE A SOLUTION 4: IMPLEMENT THE SOLUTION 5: EVALUATE RESULTS repeat steps |
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