Discuss the importance of stakeholders

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FUTURE VISION: Tomorrow's Workforce: More Diverse Than Ever

This assignment is based on Chapter 3 of our textbook. Demographic projections for the United States point to two major changes in the next thirteen years: an increase in Hispanics and senior citizens. The growing number of Hispanics will be more evident in the southern part of the country. This could entail work force changes including a growing number of younger workers and an increasing use of Spanish in the work place. The graying of society, a term used to describe the growing number of retired workers, will have a strong impact on Social Security and other retirement funds. Do some research on the demographic changes in the US: Discuss your findings and answer the following questions.

Questions

1. Why should managers be aware of demographic changes?

2. How can a manager stay informed of the external environment of his/her particular business? Why do you think a manager should bother doing this?

3. Discuss the degree of uncertainty in the environment: What does it entail?

4. Discuss the importance of stakeholders

5. What is Organizational Culture? Explain in your own words

6. What other effects do you see stemming from these two changes [1) An increasing number of Hispanics in the workforce; 2) the graying of society]?

7. How do you view the future demographic composition of the United States?

8. Will greater diversity be an advantage or disadvantage for the US?

9. In your opinion: Why is it important for managers to be aware of demographic changes?

10. What do you think managers can do to stay on top of demographic changes?

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Reference no: EM132371007

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