Professional Documents
Culture Documents
Emerging Management Issues and Challenges
Emerging Management Issues and Challenges
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Group 6 Shaishav Kumar Dahal(106) Aishwarya Dhakal(130) Kritagya Raj Upadhaya(118) Yogendra Bhadur shrestha(112) Sushant Gautam(124)
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Globalization
EXPANDING BUSINESS IN MORE THAN ONE COUNTRIES. THE PROCESS OF GLOBALIZATION,HOWEVER HAS MARKED SINCE 1980S THERE ARE 3 REASON FOR THIS: 1. THE SPREAD OF MARKET BASED ECONOMIC SYSTEM. 2. FALLING BARRIERS TO INTERNATIONAL TRADE AND FOREIGN DIRECT INVESTMENT. 3. TUMBLING COMMUNICATION AND TRANSPOTATION COST.
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DEVELOPMENT OF ENVIRONMENTALISM
MAJOR ISSUES IN MANAGEMENT. ISSUES INVOLVE TOXIC WASTE,GLOBAL WARMING,E.T.C DRAW ATTENTION OF DIFFERENT SOCIAL,BUSINESS N POLITICAL INSTITUTE. MASNAGER HAVE CHALLENGE TO DEVELOP CREATIVE WAY TO MAKE PROFIT.
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Ethical Consideration
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Business Ethics
Conception of right and wrong conduct. Deals with human relationships. Judges our behavior as moral or immoral. Application of general ethical ideas to business behavior.
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Any entity, whether state, govt. or corp. has a responsible to society. Corporate social responsibility. Invest in communities. Minimize environmental footprint. Treat with respect and dignity. Be responsive to customers.
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Social Consideration
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Business Ethics
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That best fulfills the particular needs of consumers at a price that they are willing to pay.
Consumer loyalty. Lower level of complaints. Longer product life cycles. Less promotion. Higher price. Better corporate image.
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11
Inputs
Transformation
Output
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Technological Development
Components Of Technological Development -Choice of Technology -Needs identification -Acquisition -Management and utilization -Upgrade and Maintenance -Information and Communication Technology
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Factors of
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Age distribution Gender Ethnicity Physically challenged Single parents People with special dietary preferences Political ideologies
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Managing Diversity
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Individual Strategies
Understanding Empathy Tolerence Willingness to communicate Diversity and multicultural training
Organizational Approaches
Policies Practices
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Empowerment of Employees
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Demonstrate That You Value People Share Leadership Vision Share Goals and Direction Trust People Provide Information for Decision Making Delegate Authority and Impact Opportunities, Not Just More Work Provide Frequent Feedback Solve Problems: Don't Pinpoint Problem People Listen to Learn and Ask Questions for Guidance Help Employees Feel Rewarded for Empowered Behavior
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Conclusion
Challenges cannot be predicted No one way of solving a problem Uneven patterns Achieving economic diversification Steering Growth
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Any Queries???
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