Organizations operate in a complex business environment where things can and cannot be controlled. Managers are skilled and trained to how analyze and improve the organization for it to survive, grow and improve in the changing world. The management system is divided into two levels. Internal factors in an organization can usually be managed and dealt with, like labor, money, materials and equipments. These inputs can be turned into useful products, goods or services and …
showed first 75 words of 827 total

showed last 75 words of 827 total
…costs, risks, management and profits. These merges can be beneficial to a company or create a ciaos. Managers in the new century need vision; the ability to perceive marketplace needs and how their firm can satisfy them. Critical thinking skills and creativity allows managers to pinpoint problems and opportunities and plan to solutions. Managers are dealing with rapid change, and they need skills to help steer the organizations through shifts in internal an external conditions.