Principles of Management/Emerging Challenges

Emerging challenges to Managers
1)Globalization: Globalization has facilitated trade without boarders so the managers have to work in boundlessness world. so they have to think globally acting locally. they need to understand the process of globalization and the competition it creates for them. globalization adds complexity to the managers job. the emergence and growth of multinational companies have posed threats to local business, so the globalization has greater threat to the existing managers.

2)Technology: 3)Quality: 4)Social Responsibility: 5)Innovational change: 6) Work force Diversity: