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Tomorrow’s Technology and You 8th Edition - page 9 / 50

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© 2008 Prentice-Hall, Inc.

Slide 9

Tomorrow’s Technology and You 8/e Chapter 12 Systems and Organizations

Business Organizations as Systems

“In every business, however large or small, every person must have a broad vision and a sense of place in that vision.”

—Sir David Scholey

A business organization (commonly referred to as a company or a firm) is a system designed for the purpose of creating products and services for customers.

When we view a company as a system within an environment, each of the basic system concepts takes on a specific meaning.

A firm’s environment is made up of customers, stockholders, and other organizations, such as competitors, suppliers, banks, and government agencies.

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