The Company Unleashed: A Dynamic Exploration of Open Systems

University:
Swansea University
Course:
N1NF | Business Management (Marketing) with a Foundation Year
Academic year:

2022
Views:

220

Pages:

1
Author:

Thomas G.

Lecture Notes - The Company Unleashed: A Dynamic Exploration of Open Systems I. Introduction • The Company as an Open System II. Characteristics of the Company as a System • Interconnection of Elements • Global Effects Greater Than the Sum of Parts III. Types of Company a) Open Company • Input of energy and information • Output of products and services to the environment b) Functional Company • Different internal functions c) Socio-Technical Company • Social component (the people) • Technical component (investments in facilities, machinery, etc.) d) Cybernetic Company • Flexibility and adaptation to the environment • Capacity for self-regulation and feedback • Ability to derive information from decisions IV. Roles and Functions in the Company • Information • Decisions • Operations • Results Control V. Communication and Adaptation • Communication with the environment • Adaptation as a survival condition • Guidance from individuals with intuition and innovation dynamism • Experimentation with new technologies and production efficiency VI. The Company in a Broader Context • The company in the national economic system • Interrelation with foreign companies VII. Legal Entity and Economic Entity • Company operations: Purchases, transformations, transfers, services, sales, consumption, loans, credits, payments, collections, etc. • The company as a customer, supplier, creditor, debtor, producer, and consumer • Business relations under the legal entity