GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In today’s global climate, managers must be able to operate in a world of constant ____
A
deductions
B
staffing
C
change
D
sensitivity
Explanation: 

Detailed explanation-1: -The proactiveness of organisations in dealing with change will determine whether or not a company is able to adopt a new process or system. Therefore, for companies, change management helps to speed up transformations and, as a result, to make this ability a hallmark for the future.

Detailed explanation-2: -Operating in the global environment is uncertain and unpredictable because it is complex and changes constantly. If organizations are to adapt successfully to this changing environment, their managers must learn to understand the forces that operate in it and how these forces give rise to opportunities and threats.

Detailed explanation-3: -They can affect managers by: Creating uncertainty in the marketplace. Having an impact on unemployment. Impacting stakeholder and stockholder relationships.

There is 1 question to complete.