Managing in a Global Environment (Chapter 4) The global market place in which managers participate is very complex and competitive. ... Factors to consider in a foreign environment (a) Legal-political environment - some nations have a history of unstable government whilst others have slowly changing and stable government. ... Managers must also be aware of the different legal environment between countries (b) Economic environment - managers must be aware of changes in currency values, incomes, overseas inflation rates, tax policies, etc. (c) Cultural environment - managers must be...

• Word Count: 826
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• Grade Level: Undergraduate

Part 1: Across nations, there are considerable differences in the nonmarket environments. ... During the postwar, Germany's governments created a stable and favorable economic environment: encouraging a high savings rate and rapid capital accumulation, fostering economic growth. ...

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I had much of expectation in the IC design environment where I would be able to develop, explore, and advance to a new level of achievement. ... It required me to remain at the same career position quite indefinitely in order to satisfy the operational stability of the business environment. ... In the middle of frustration I thought that the only possibility of achieving unlimited career venture was to have your own environment, your own decision making capability, your own company. I and few of my peers decided to venture into the new business that our own company would produce the new uni...

• Word Count: 392
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• Grade Level: Undergraduate

As an executive, I have experienced an environment where it was critical to develop strategies that would ensure growth within a revenue declining atmosphere. ... This is all the more important as the hospitality industry (specifically Private Equity) is highly competitive and a volatile environment. An increasing number of companies are using business teams to respond quickly to changing conditions in an environment. Changing organizations to compete in a highly volatile business environment usually requires multiple and continuous innovations. ... First, my learning experience will been enh...

• Word Count: 781
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• Grade Level: Undergraduate

OVERVIEW OF THE CONTEMPORARY BUSINESS ENVIRONMENT. The business environment is in a constant state of change and complexity. ... Flexibility is the key to success in today's business environment - remaining stagnant and managing per the status quo is simply bad business sense. ... Those who are not adapting to the changing environment around them will be left in the dust of mediocrity and failure. ... As the environment and working situations change management should react accordingly and be flexible to act according to the new situation. ...

• Word Count: 650
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This type of behavior creates mistrust among employees of a company, thus causing an intense environment. ... One may be able to set up a goal, or future vision to help strengthen his or her environment. This idea can help create an environment, which focus on enhancing the founders mission and objectives (Weiss, 1994). ... The culture creates the environment that sets the mode for the total practices of an organization. A culture may be strong or it may be weak; strong cultures share a common goal and have a positive environment. ...

• Word Count: 980
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• Grade Level: Undergraduate

Additionally, as the owner of the company, I would try to spread confidence and faith among the subordinates and provide them with the required support in order to eliminate misunderstandings and make the work environment favorable and productive. ... Scenario B: Creating a positive work environment Firstly, the problems in the transport company were connected with the negative attitude of the employees toward the working issues. ... Thereby, he created such a negative working environment and deprived the subordinates the will to work. ... I would listen to all the complaints from the employ...

• Word Count: 601
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• Grade Level: Undergraduate

These are the four basic parts to this analysis in internal and external environments. It examines strengths and weaknesses in the internal environment, and opportunities and threats in the external environment. ... The PEST analysis is the macro|-environmental section of an organization's marketing environment. ... When weighing political factors, a company should consider the stability of the political environment, regulatory laws influenced by government policy, the governments position on marketing ethics, the government's policy on the economy, and the government's view...

• Word Count: 729
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• Grade Level: Undergraduate

After a thorough research into your program, I was pleased with your educational policies and the culturally and professionally diverse environment. ... I am also fully aware that becoming successful in the business environment requires hard work and continuous exposure to activities that will further develop my managerial and entrepreneurial instincts, communication techniques, decision making and theoretical understanding of finance, marketing, and accounting concepts. ... I am a strong believer in networking as an essential component of such a program and I am now convinced about the qua...

• Word Count: 468
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Based on this definition, one can say that words are not only the way communication is attained in any given environment. ... An effective leader shares ideas in a way that speaks into the emotions and aspirations of his team or audience, encourages open communication environment where members of the organization can share feedbacks, ideas and critism at every level, inspires inclusiveness which is the feeling of being a part of the bigger picture. ... Not only do they read their environment well, they also possess the extraordinary ability to adapt their messaging to said environment with...

• Word Count: 1158
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Driven by international deregulation and the communications revolution (Jovanovic, 2010), knowledge and resources have become dispersed around the world, and for leaders to thrive in 2020 they must embrace a globalising business environment. Successful leaders will need to think globally instead of locally, and demonstrate a collaborative mind-set so they can work comfortably in a networked environment. ... As this occurs, the world will become more information-intensive and the working environment will be increasingly centralised around knowledge accessibility, retention and continuous learni...

• Word Count: 1185
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• Grade Level: Undergraduate

Social philosopher, Mary Parker Follett pioneered the theory that employees must have positive working relationships in order to make the surrounding office environment a more peaceful place to work. ... Managers must learn to produce an environment that promotes a satisfactory working environment for their employees so that conflicts are kept to a minimum. ... It produces such a positive work environment that brings people together, and gives them a sense of purpose as well. ... Companies that follow government guidelines that sustain the environment will attract more consumers. ... People f...

• Word Count: 1203
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Having several instances of an environment should be a standard practice for most big systems. ... The test environment will closely represent the production environment so that they can fully see how something will turn out and if there will be any problems with any other system before the allow it to migrate to production. When the analysts will need to test some of the processes and controls that are in place, these different environments will allow them to oversee each step....

• Word Count: 861
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Employees will appreciate the multicultural environment provided and are likely to be more motivated and have a better attitude, resulting in higher productivity. A diversity-driven work environment can also result in fewer discrimination charges and lawsuits (Arthur, 1998). ... The manager is to nurture a warm and personal environment much like a father would for his family. In response to receiving such an environment the employees are expected to give the manager complete respect and are not to question the managers decisions. ... Recruiting for a diversity-driven work environment ...

• Word Count: 1218
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• Grade Level: Undergraduate

Despite the fact that managers operate in a complex environment assuming a variety of roles, effectiveness and success will be largely based on the possession of highly developed people skills. ... When diversity is not managed effectively, high turnover and more difficult communication can result, creating an environment which deters achievement of organizational goals. ...

• Word Count: 293
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• Grade Level: Undergraduate

By implementing effective strategies a company can set itself apart from the competition Ð The realization of a body of clever, capable motivated and committed employees who are enthusiastic about the environments in which they are employed. ... Human resource management like many other positions in our constant changing working environment is evolving. My working environment is in transition from personnel management to human resource management. ...

• Word Count: 708
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According to Burns and Stalker, when the external environment was stable, the internal organization was characterized by rules, procedures, and a clear hierarchy of authority. ... Also according to Burns and Stalker, in rapidly changing environment, the internal organization was much looser, free-flowing, and adaptive. ... And there can be no doubt as to which firm would be the more efficient work environment....

• Word Count: 683
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The use of technology over a manger, the hierarchical model in today's environment, and organizational change as it relates to mangers, are key ingredients for a successful communication culture. ... Key advantages for using communication technology is that it provides a conduit for personnel to access the organizational environment, thereby enhancing the role of communication in managing the processes within the organization. ... The next point that stood out was the mention of the "hierarchical model" which is used by most business in today's environment (French, 2002). ...

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This article explains the significance of the Chief Technical Officer's (CTO) mentality to the business environment, the role of the CTO in giving back ethical leadership to their companies, benefits from realizing the details of a business, and concerns on solutions to problematically solve issues. ... I chose this article because it portrays what a real-life business environment and the way it should be ran. ... The city created a safe, easily accessible environment to participate in. ...

• Word Count: 776
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• Grade Level: Undergraduate

Organizations and Environments have a reciprocal relationship between each other. Therefore, Information Systems plays a critical role in helping organizations act on their environment. For example, if something changes in the environment the Information System can act upon that change and let the organization know how to react and what they should do next. ...

• Word Count: 862
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• Grade Level: Undergraduate

In this environment, resources are explicitly predefined, thereby eliminating the requirement for broadcast traffic and minimizing header overhead • IBM Peer-Based Networking Changes in networking and communications requirements caused IBM to evolve (and generally overhaul) many of the basic design characteristics of SNA. ... In creating APPN, IBM moved SNA from a hierarchical, mainframe-centric environment to a peer-based networking environment. ...

• Word Count: 574
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• Grade Level: Undergraduate

Performance management broadly involves performance planning, diagnosing the sources of the problems, frequent communication, good behavior reinforcement and creating a conducive working environment so that success and improvement can be realized (Aguinis, 2009). ... A conducive environment where workers can succeed is created, and this is instrumental to employee retention. ... For the staff development strategies to be realized then a stimulating work environment should be created in order to help the staff in tackling challenges and attaining objectives. ... Conflict is inevitable since it ...

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Anthropology studies the differences in behavior and attitude at the macro level, while political science contributes the understanding of behaviors within a political environment. ... OB is a tool managers can use to find solutions to the complex critical issues in today's environment. ...

• Word Count: 576
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Essentially, managing diversity is a way of thinking toward the objective of creating an environment that will enable all employees to reach their full potential in pursuit of organized objectives. ... Managing diversity includes improvement of relationships among different people who are different, but recognizes that changes in organizational culture and systems may also be required to create an environment that enables all employees. ...

• Word Count: 476
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• Grade Level: Undergraduate

The advent of facsimile machines, e-mail, voicemail systems, telecommuting, personal computers, cell phones, and the growth and popularity of the Internet has created a global work environment that is fast-paced and aggressive, and which is changing where, when and how people work. It is changes like these that also have an effect on how managers and leaders manage in this technological business environment. ...

• Word Count: 542
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• Grade Level: Undergraduate