1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
meriva
3 years ago
15

Owing to globalization and rapid technological change over the past few decades, the major contemporary issues in management lie

s in the need for efficient managers. More and more organizations today face a dynamic and changing environment. This, in turn, makes these organizations either to change or perish. There are five (5) specific forces that are acting as stimulants for change, state and explain them with relevant
Business
1 answer:
Natasha_Volkova [10]3 years ago
8 0

Answer:

The five Specific forces acting as stimulants for change are (1)Globalization, (2)Social trends (3)Competition (4)Changes in Technology (5)Changes in Law and political behavior.

Explanation:

Solution

The Five specific forces as stimulants for change is stated below:

  • Globalization: globalization has also affected the domestic organizations more often. Globalization has led to the increase of the competition for every industry. for this, every domestic business would have to adopt some change is in its operations to maintain its market share and to get a competitive advantage over others.
  • Social trends: social trends in any market would act as a stimulus for organizational environment and change as they would help the business get a first-mover advantage. for example, any social movement such as ripped jean or Bell bottom jeans, made the various companies in the same industry to adopt some changes.
  • Competition: the entrance of new competition in the market forces the existing business organizations to acquire some changes to get a competitive advantage.
  • Changes in technology:  It is one of the significant changes in the business environment, which acts as a substance for the change in the organization. If any business wants to prosper and survive for a longer period, then it would have to acquire changes according to the technological changes in the environment to attend the competitive environment and a continually increasing market share.
  • Changes in law and political behavior: if there are changes in government or law in any country, it may bring some changes for the business. It would force the business to adopt such changes. for example some laws related to the environmental Protection force are the business to produce environment-friendly products and adopt green technology.
You might be interested in
Anna-Marie senses that one of her employees feels excluded from the rest of the group. She is surprised by this, as she believes
cricket20 [7]

The best action that Anna-Marie should take next is <u>A- She should talk</u> to the employee to understand their perspective.

Talking to the employee will reveal if they are out-group members and enable Anna-Marie to understand their views.

<h3>Who is an out-group member?</h3>

An out-group member is an individual in an organization who does not identify themselves as part of the group or unit.

An out-group member does not pursue the same goals as other group members and most times feels excluded from the group.

<h3>Answer Options:</h3>

A- She should talk to the employee to understand their perspective.

B- She should redistribute the company policy describing inclusion expectations.

C- No action is required; she is already acting ethically.

D- She should start documenting her efforts at inclusion.

Thus, the best action that Anna-Marie should take next is <u>A- She should talk</u> to the employee to understand their perspective.

Learn more about out-group members at brainly.com/question/7548841

3 0
1 year ago
By definition, employee engagement encompasses which of the following dimensions?
Mariulka [41]

Answer:

a, motivational

b, emotional

c, Rational

Explanation:

Employees engagement is level to which an employee has passion for his/her job (motivation), commitment to the firm (emotion) as well as his/her rational input in his/her efforts (rationality or use of discretion).

Employee engagement could be mistaken for employee satisfaction but they are not related.

5 0
3 years ago
What are the effect of enterprise/business on environment? write them
GrogVix [38]

Answer:

Varies

Explanation:

They can go against natural resources.

4 0
2 years ago
Select the correct answer.
PolarNik [594]

Answer:

Elena wants to open a Chinese restaurant near a university. She has the required capital to start her restaurant. However, she is unable to find  

good chefs for her restaurant. Which type of resource is Elena lacking?  

Elena is lacking Labor resource.  

Explanation:  

The Labor resource is the term related with the people needed for running the operation of a business. In this case Elena has the need for the chefs that will help you with the elaboration of the dishes that she wants to offer.  

A business usually needs the following type of resources: labor, capital and land.  

As we said previously Labor is the resource related to people.  

Land is the resource related to the physical space where you want to set up your business. e.g store, online site, offices, building and so on.  

Capital is the resource related to the money or financial investment needed to cover the initial launching costs.  

7 0
3 years ago
As a vice president of a financial services company, you serve many clients, and they sometimes ask your company to contribute t
IrinaVladis [17]

As a vice president of a financial services company, you serve many clients, and they sometimes ask your company to contribute to their favorite charities. You recently received a letter from Elliana Larios asking for a substantial contribution to the National Court Appointed Special Advocate (CASA) Association. On visits to your office, she has told you about its programs to recruit, train, and support volunteers in their work with abused children. She herself is active in your town as a CASA volunteer, helping neglected children find safe, permanent homes. She told you that children with CASA volunteers are more likely to be adopted and are less likely to reenter the child welfare system.

You have a soft spot in your heart for children and especially for those who are mistreated. You sincerely want to support CASA and its good work. But times are tough, and you can't be as generous as you have been in the past. Ms. Larios wrote a special letter to you asking you to become a Key contributor, with a pledge of $2,000

Your Task Write a refusal letter that maintains good relations with your client. Address it to Ms. Elliana Larios, 8569 East 39th Street, Phoenix, AZ 85730.

8 0
2 years ago
Other questions:
  • Which of the following statements is FALSE? A. Jurisdictions must work closely with private-sector entities that provide water,
    9·1 answer
  • Which of the following people would be considered unemployed by the Bureau of Labor Statistics? I. Mrs. X retires from her job a
    6·1 answer
  • Which of the following tasks would be completed by a radio announcer?
    6·2 answers
  • John, an executive at a top investment firm, often gets into heated arguments with his boss over differences in work ethics. In
    12·1 answer
  • Which demand situation occurs when a competitor offers a similar product or service at a lower price?
    11·1 answer
  • What would likely have the most severe immediate effect on an economy? Multiple Choice A significant drop in exports. The Fed's
    7·1 answer
  • Nuno owns a recording studio with high-quality equipment. He allows artists to schedule sessions based on their flexibility, and
    5·1 answer
  • magine that the current owner of the land in the previous exercise was willing to sell the land for $2 million. Assuming this am
    8·1 answer
  • brainly Stuart Manufacturing Company was started on January 1, year 1, when it acquired $89,000 cash by issuing common stock. St
    12·1 answer
  • Sheffield Corp. bought a machine on January 1, 2011 for $814000. The machine had an expected life of 20 years and was expected t
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!