Explain how good people management can help an organization, Business Management

Assignment Help:

QUESTION

The Euro crisis will have a major impact on the Mauritian economy. Many businesses in Mauritius depend on European countries for the exportation of their products and services. 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 example clearly shows that business organizations are open systems and hence they are impacted by changes in the local and international business environment. Nowadays managers have to be proactive and hence they should be able to forecast changes in the business environment and prepare the organization to deal with these changes.

(a) Taking into consideration the above statement, explain what are the main components of the external business environment by providing suitable examples

(b) Explain how good people management can help an organization to be competitive


Related Discussions:- Explain how good people management can help an organization

Explain strategic framework for crm, Question 1: Name and explain the ...

Question 1: Name and explain the three types of CRM that you know about? Question 2: a. Name the Seven best practices in making vision and values work. b. Give three e

Foreign language might hinder communication-global office, a) Foreign langu...

a) Foreign language might delay communication due to any of the given below reasons (not an exhaustive list): misinterpretation or not understanding messages expressed in a

State briefly the arguments for and against prp, Question: In this era ...

Question: In this era of global competition, organizations are increasingly introducing Performance Management System (PMS) to improve organizational effectiveness. Many organ

Briefly discuss how management theory evolved, QUESTION Great feats of ...

QUESTION Great feats of human achievement such as the Egyptian pyramids, the Great Wall of China, the Colosseum in Rome and the Taj Mahal in India all bear testimony to skilled

Presentation skills, Presentation Skills: Once an appointment is set t...

Presentation Skills: Once an appointment is set to meet up with a customer, a presentation should be made. A lot of work has previously gone into making the appointment.  O

Business finance, Approaches to short-term financing problem?

Approaches to short-term financing problem?

Changing workforce diversity, The United States has historically been seen ...

The United States has historically been seen as a "melting pot" of people from many different countries, cultures, and backgrounds. The Bureau of Labour Statistics projects that by

Companywide involvement, Autonomous maintenance by operators. Small group ...

Autonomous maintenance by operators. Small group activities by R& D engineering, manufacturing logistics marketing and such various departments at all levels companywide ( co

What is always better control analysis of inventory control, What is the Al...

What is the Always Better Control Analysis of Inventory Control? ABC Analysis of Inventory Control: Always Better Control Analysis of Inventory Control analysis is the ex

Features of learning organizations, Problem 1 : (a) ‘New Public Manageme...

Problem 1 : (a) ‘New Public Management' is a set of loosely defined international doctrines that have affected almost all public sector organizations over the past 20 years. W

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd