Week 2 Notes
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This 1 page Class Notes was uploaded by Jaclyn Barker on Friday September 4, 2015. The Class Notes belongs to MGT 361 at Ball State University taught by Pendel in Summer 2015. Since its upload, it has received 28 views. For similar materials see Managing Human Resources in Business at Ball State University.
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Date Created: 09/04/15
MGT 361 Week 2 Notes 830 Understanding the external and organizational environments Regional Trade Zones North American Free Trade Agreement NAFTA Created free trade zone among Canada Mexico and the United States lmplications Maquiladoras Canadian brain drain Economic benefit issues if you were phasing out of a business you offer benefits like insurance until age 65 paid but if wouldn t help your situation of not having a job more infor on pg 43 Vision Mission Values pg 5758 Vision what am I wanting to do It s where the company will be in the future Mission description of the business it s the clear idea of the business Value what is important Use of ethics displayed in the business Whistle blower is someone who gets management above top management to look over the organization39s things basically a tattletail within the organization Virtual teams don t have to see your team members in order to get work done Most costeffective but not the most chosen way although it works well in organizations Labor Markets Change in the US labor market mmigrants Skil shortage Sow growth in 20082012 businesses were going down not up it was harder to find a job Competition for employees Multigenerational workforce 92 Watched a film about NAFTA
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