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MGMT625 Change Management (alt. code=HRM625) GDB Fall 2020 Solution / Discussion

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Mgmt625 gdb solution Fall 2020


Emphasis on effective business methods and structure. The organization now needs to manage its business by close operations in order for production and other usable economies to be accomplished.
The company is now looking to find and adjust services to the local market. In addition, convergence is pursued across network and inter-dependencies of resources and obligations through subsidiaries to maximize operations. Ethnocentrisms were replaced by polycentricism and geocentricism, which contribute to the growing presence of foreigners, and to the growth of universal management.
Once the company continues its presence, diversification tends to be pursued. This is why the company is searching for new opportunities for exports. The informal management practices are supplemented with formalization with an emphasis on practical, technological and industrial skills. Because of dynamic growth, management morale begins to increase

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