Unit 1 DB - Unit 1 DB ..itincludes newproject,newproduct,

Unit 1 DB - Unit 1 DB ..itincludes newproject,newproduct,

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Unit 1 DB Business is always dynamic and manager always in decision making and problem solving to ensure  fulfillment of objectives. Managers has to adopt strategic decision at top level which is long run.it includes  new project, new product, technical advancement etc. The challenges in management are : Changing competition Changes in customer requirements Technological changes Global factors Government policies Political reforms The legal and ethical issues : Law and ethics play a major role in business. It includes : Fair agreement with competitors to avoid unfair practices Avoid socially undesirable products Avoid red lining between rich and poor Unwanted targeting of vulnerable groups Unfair !market research and forcefully selling Puffery advertising Unfair accounts Discrimination of work force Biased performance appraisal Technological factors: They are changing the pattern of business with sofisticated methods .
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  • Spring '14
  • Business, Cycle Time, Software developer, technological factors, advertisingProduct

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