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Chapter 7 Rework (1) .Edited
Chapter 7 Rework (1) .Edited
COMPLETE ASSIGNMENT
University affiliation
Professors Name
Due Date
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Necessary recent changes in current trends in the external environment and the business
advantage of these possibilities with a simple mouse or screen touch click. Businesses now have
a platform to market their items on social media, and customers may place orders for the goods
or services. Enterprises have taken advantage of these opportunities and can sell their products
quickly and effectively across borders. Small new firms attempting to break into the market have
been given a chance to advertise their unique services and goods to a broader audience.
Businesses can receive feedback from customers quickly and simply thanks to social media. This
allows them to improve the areas that have been identified better to satisfy the tastes and
Technology has aided businesses in exploring new prospects by facilitating better research
and communication and lowering the expenses of running a firm. Orders are effectively fulfilled,
consumer preferences has produced new commercial opportunities. Recent trends and styles
meet consumers' tastes and preferences. It has caused people to spend more money, therefore
boosting the demand for the items. Entrepreneurs have benefited from changes in people's tastes
for different things and their willingness to adapt their choices to fit the current lifestyle. They
have taken advantage of these shifts, developing innovative and trendy goods that impact
customer purchasing habits. These goods are purchased by consumers to satisfy their preferences
and to keep up with current fashion trends. (Trends in the Business Environment and
Sociologist James D. Thompson established three forms of interdependence in his 1967 book
"Organizations in Action," which described the intensity of interactions and behaviors inside an
of interdependence helps business leaders understand how the success of one department or unit
overarching objectives of the entire company. The advantage is that people will not lose sight of
the overall goal. In contrast, the cons are that People may get disorganized and operate more
slowly because the objective has been defined for a specific period. Another way for integrating
work units is by Organizing and coordinating departments that would create a cohesive and
functional team that works as a unit even when there is a division between workgroups.
However, a major drawback of this is that a mistake prevents or interferes with the performance
of other activities.
Evidence you have seen of the imperatives for change, flexibility, and responsiveness faced
by today’s organizations.
When you look at companies nowadays, you will notice that there are a lot of changes
because of the Internet's worldwide reach and the decreasing costs involved with innovation.
Major corporations are being forced to adjust to the assault of smaller firms that have succeeded
in developing products that can disrupt the business models of the more giant corporations. In
2003, it was impossible to travel throughout the United States without running across a Barnes &
entrepreneur would suddenly step in and establish a retail empire on the Internet, thereby wiping
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out the physical and store book business. By chance, Amazon came to dominate the book
industry and a large portion of online commerce by first undercutting the book purchasing
experience and then pushing digital books forward with the Kindle. Still, the company was a
pioneer in several fields that have made the Internet profitable (Business & Cairo, 2011).
Regarding affiliate marketing and income sharing, we can credit Amazon because they
were the first to build technologies that allowed online website owners to monetize their sites by
driving consumers to the Amazon website. The rate of technological advancement and
innovation is rising dramatically; any firm that does not adapt to this new environment will be
attacked by a slew of new competitors eager to steal their customers from beneath their feet.
Another example would be IBM's belief that the personal computer was a passing trend. Rather
than capitalizing on an opportunity to revolutionize the industry potentially, IBM chose to ignore
the personal computer revolution and almost self-destructed under the weight of their
bureaucracy.
Skills will you need to work effectively in (a) a learning organization and (b) a high-
involvement organization.
“Many of the same business skills and aptitudes are required to operate well in these three
that collaborate on goods or services. They are flexible partnerships between designers,
suppliers, manufacturers, distributors, and customers, allowing each business to focus on its
unique expertise,” (Armstrong & Foley, 2003). As shown in the chapter, a learning organization
may produce, acquire, and transmit information and change its behavior to reflect new insights
and understanding. This notion leads me to believe that to be successful in this environment, you
must be capable of solving problems, experimenting with new ideas, learning from your
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mistakes and those of others, and distributing knowledge quickly and effectively. In a high-
successful in this business, employees must provide prompt feedback. You must interact with all
levels of the industry since the firm depends on your insights for success.
since success is contingent on a thorough grasp of the client, product, or service. Working in a
learning company requires you to be flexible, adaptable, and willing to learn new ways of doing
things to be productive. Some believe that it is critical to understand at a faster rate than the
competitors. Also, it is possible to thoroughly examine both triumphs and failures to draw
organization, you must solicit feedback from the top management team and members of the
company's lower levels. It is also critical to provide participants with regular feedback on how
they are performing compared to the competition and how successfully they are fulfilling the
strategic objective.
I would want to work for the high-involvement organization out of the three. This company
is the best fit for my personality. Even though I would consider myself an outlier, I believe that
the freedom to make decisions and offer feedback would create an organization a wonderful
place to work. Additional knowledge and training are, without a doubt, the most excellent
approach to prepare for these scenarios. I believe that technical, communication, and decision-
making education and training to mention a few, would assist individuals better prepare to
References
Armstrong, A., & Foley, P. (2003). Foundations for a learning organization: organization
https://doi.org/10.1108/09696470910462085
Business, E.-K., & Cairo, I. (2011). Cases on business and management in the MENA region:
the-business-environment-and-competition/
Wise, J. B. (2017). Leisure and Work: Interdependent Facets of Human Flourishing. Therapeutic