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Essay / Research Paper Abstract
An 11 page paper examining four approaches to adding value to the business. The purpose of the paper is to assess how globalization, product development, knowledge management and principled corporate governance add value to the organization, providing a discussion of each concept as well as several examples throughout the paper. Examples include Enron, ABB, Dow Chemical, Gillette and Wal-Mart. Bibliography lists 12 sources.
Page Count:
11 pages (~225 words per page)
File: CC6_KSmgmtAddVal.rtf
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Unformatted sample text from the term paper:
of business has changed dramatically in only the past generation, and the past decade has seen heightened competition to levels that previously were not thought to be possible. Possible
or not, it exists and now is expected only to continue. It was nearly a generation ago that Peter Drucker first began spreading
the gospel according to innovation, defining what it is and why it would be important to the businesses of the future. Managements daily task is to lead business efforts.
Its larger responsibility is to follow business, changing its approach to best match the changing needs of business, consumers and employees. The purpose here is to assess how
globalization, product development, knowledge management and principled corporate governance add value to the organization. Globalization Much discussion of globalization centers on exploitation of
uneducated, poor people in developing nations. Businesses moving manufacturing, mining or other operations to developing nations venues frequently are castigated as being exploiters of disadvantaged humanity, seeking only their
own financial gain and associated benefit for their shareholders. Critics of globalization refuse to see any benefit at all, which has been the case in complaints about companies such
as Gap and Nike (Mason, 2000). In some cases, the charges have been valid. Many Asian and other nations see no real
problem with sweatshop conditions or child labor, and change their practices only in response to the insistence of foreign companies contracting manufacturing or services in their countries. One of
the benefits is that globalization brings other perspectives into areas where they would not otherwise exist, thereby improving the quality of life of all local people employed in nearly any
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