Analyze the Relationship Between Organizational Goals, Objectives, and Policies and Explain Their Contribution to Effective Management

1. Analyze the relationship between organizational goals, objectives, and policies and explain their contribution to effective management.

Relationship: Objectives are obiective, goals are subjective. Objectives are based on the goals, and the policies have an influence on a firm’s objectives.Policies can support goals and objtctives, and guide decisions through which company achieve their objectives and get their goals as well.

Contribution: Goals can have an effect on custumors, the quality of products, technologies, staff skills and protect the environment. In addition, it can also help achieve some the most important organization things we don't notice.

Objectives own more specific goals and path for achieving goals and provide a much clearer guide for management action

Policies are able to make a better decison on the fomulation and implementation of strategy, and understand knowable sitiations and circumstances well. What's more, it also can direct and restrict some actions of firm’s offices to manage company well.

1. Identify the relationship between formal and informal organization.

The formal and informal organizations are inter-related. They are not mutually exclusive. Fomal organization includes informal organization,. Informal organization relys on the formal organizational to exist, but it supports formal organization. The informal organization exists at the same time as the formal organization, and the activities of the informal organization have beneficial and harmful influence on the realization of the organization's goals and the completion of the organization's mandate. Informal organizations are an important and integral part of formal organization. The informal organizations are necessary to the operation of formal organizations as a means of communication of cohesion and of protecting the integrity of the individual. After the formal organization was created, they created informal organizations and needed informal organizations.When the organizational structure and behavioural orientation of the informal organization is the same as the formal organization, informal organizations often play an active role. In contrary, the informal organization has a negative effect.

3.  Explain the composition of the open system theory.

Open system includes synergy; interrelations and interdependence between different subsystems; unity and integrity; the interaction of component parts and the external environment; unity and coherence; component system of the organization. Such interactions can take the form of information, energy, or material transfers into or out of the system boundary, depending on the discipline which defines the concept. An open system is contrasted with the concept of an isolated system which exchanges neither energy, matter, nor information with its environment. An open system is also known as a constant volume system or a flow system. The concept of an open system was formalized within a framework that enabled one to interrelate the theory of the organism, thermodynamics, and evolutionary theory. Individual and subgroups form and leave coalitions. One type of open system is the radiant energy system, which receives its energy from solar radiation – an energy source that can be regarded as inexhaustible for all practical purposes. A closed system contains limited energies.

4.  Make a list of all stakeholders you can imagine and explain their influence and interest.

Stakeholders: shareholder; banks and other lenders; directors and managers; employees; suppliers; customers; community; government.

Influence: directors own election power; can make some regulations, convenants and measures about finance and govenment; get more detailed information; satff action and cost outputs; the quality about empoyee and suppliers; customer satisfaction and evaluation; inirect through laocal controller and governer; taxation; pricing.