Business Management and Leadership_Unit1_DB

Business Management and Leadership_Unit1_DB - success....

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Question: Consider the following scenario: You are a manager in a large global manufacturing and services organization. You are trying to explain to your grandfather how different your job is from his before he retired 10 years ago. You both know how society has changed, and you want to explain how that has changed management. Select 2 of the 5 topics listed below, and discuss how management has changed with respect to both of the topics you selected. Use real world examples to address 2 of the following areas: Organizational culture Outside environment Globalization Corporate responsibility and ethics Society and trends (such as diversity) My answer: Society and trends: Managing change is a very difficult challenge that businesses face today. Change in society is everywhere, and dealing successfully with it is significant to an organization's
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Unformatted text preview: success. Managing changes and trends in society contain determining your position in the market, electing the appropriate methods to use, creating the best strategy and applying them with determined maneuvers. Managers need to remember that they are changing and rearranging a variety of both human and non human elements. Globalization: Globalization has made the business process not only more efficient and effective, but more streamlined and modernized as well as businesses now share with each other trade secrets that used to be limited to only those who could afford it. The corporate sector has become more receptive and reactive as old business ways now give way to new and innovative ideas and opinions such as the outsourcing of labor....
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