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Significant changes in the internal and external environments have a measurable impact on management. |
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Security threats, corporate ethics scandals, global economic and political uncertainties, and technological advancements have had a great impact on the manager's job. |
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Two significant changes facing today's managers are importance of customers to the manager's job and Importance of innovation to the manager's job. |
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Organizations need managers. |
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An organization is a deliberate arrangement of people to accomplish some specific purpose. |
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Organizations share three common characteristics: |
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Each has a distinct purpose. |
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Each is composed of people. |
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Each develops some deliberate structure so members can do their work. |
1.7 Changes in Environments that have Impact on...
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The characteristic of new organizations of today include: |
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Flexible work arrangements. |
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Employee work teams. |
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Open communication systems. |
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Supplier alliances. |
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Organizations are becoming more open, flexible, and responsive to changes. |
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The importance of studying management in today's dynamic global environment can be explained by looking at the universality of management, the reality of work, and the rewards and challenges of being a manager. |
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The Universality of Management: Management is needed in all types and sizes of organizations, at all organizational levels, and in all organizational work areas throughout the world. |