Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Management Theories Expert

Problem:

The Euro crisis will enfold a major impact on Mauritian economy. Many businesses in Mauritius depend on European countries for the exportation of their services and products. One of the sectors that will be affected negatively will be the tourism sector since they depend on European tourists for a large part of their revenue. This instance clearly shows that business organizations are open systems and hence they are impacted by changes in local and international business environment. Nowadays managers have to be proactive and hence they should be able to forecast alters in the business environment and prepare the organization to deal with these alters.

Required:

problem 1: Taking in consideration the above proclamation, illustrate out what are the main elements of external business environment by providing appropriate exs.

problem 2: Illustrate out how good people management can aid an organization to be competitive.

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M98286

Have any Question? 


Related Questions in Management Theories

What is the difference between an assets ability to

What is the difference between an asset's ability to generate revenue and its ability to generate profit? How many categories should a data classification scheme include? Why? How many threat categories are listed in thi ...

Minimizing supply chaindisruption risk through

Minimizing supply chain Disruption risk through enhanced ?exibility Joseph B. Skipper Department of Operational Sciences, School of Engineering and Management, Air Force Institute of Technology, Dayton, Ohio, USA, and Jo ...

Choose any existing company of your choice operating in

Choose any existing company of your choice operating in Singapore. The company can be from any industry. Imagine that you have been appointed as the Human Resource (HR) Manager of your chosen company. Your boss has asked ...

1 a is an example of a first-line managera shift managerb

1. A ________ is an example of a first-line manager. A. shift manager. B. division manager. C. store manager. D. regional manager. 2. Establishing strategies for achieving organizational goals is a part of the ________ f ...

For a policy to have any effect what must happen after it

For a policy to have any effect, what must happen after it is approved by management? What are some ways to accomplish this? Is policy considered static or dynamic? Which factors might determine this status? List and des ...

To manufacture or not to manufacture please respond to the

"To Manufacture, or Not to Manufacture?" Please respond to the following: Imagine that you are the cost accounting manager and the director of your present or past organization. Management wants your opinion on whether t ...

Case study grouponread case study 5-10 groupon in chapter 5

Case Study: Groupon Read Case Study 5-10: Groupon in Chapter 5, page 333 of your text. In two to three pages, supported by evidence from your text and from other research (at least one resource is required), answer the f ...

To prepare for this assignment read this weeks required

To prepare for this assignment, read this week's required article by Firshein (1996). For your Final Project, you will compile the work you have completed throughout the course to develop a 10- to 15-page marketing plan ...

1 who is responsible for risk management in an

1. Who is responsible for risk management in an organization? 2. Which community of interest usually takes the lead in information asset risk management? 3. Which community of interest usually provides the resources used ...

Communication - final project - discussiontopic management

Communication - Final Project - Discussion Topic: Management Reports Management reports have been a prominent topic the past few years. The term "Management Reports" can be understood in a variety of different contexts a ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen