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Essay / Research Paper Abstract
An 8 page overview of the basics of business, particularly as they apply in today's business environment. Management's daily task is to lead business efforts. Its larger responsibility is to follow business while yet setting its own course, 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, human resource management and principled corporate governance add value to the organization. Bibliography lists 9 sources.
Page Count:
8 pages (~225 words per page)
File: CC6_KSmgmtBusBas.rtf
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Unformatted sample text from the term paper:
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 while yet setting its own course, 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). Nike has made such strides in the other direction that today, the "Bethesda-based Calvert mutual fund company" (Smitherman, 2005;
p. 1) has added Nike to its list of socially responsible companies, following the lead of KLD Research & Analytics Inc. earlier in the year.
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
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