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MNG2602 Assignment 1 (COMPLETE ANSWERS) Semester 2 2023 (743868) - DUE 28 August 2023

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MNG2602 Assignment 1 (COMPLETE ANSWERS) Semester 2 2023 () - DUE 28 August 2023 MNG2602 Assignment 1 (COMPLETE ANSWERS) Semester 2 2023 () - DUE 28 August 2023 MNG2602 Assignment 1 (COMPLETE ANSWERS) Semester 2 2023 () - DUE 28 August 2023

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MNG2602 Assignment 1
(COMPLETE ANSWERS)
Semester 2 2023 (743868) -
DUE 28 August 2023

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1. 3

Managers of global organizations should have the ability to:

 Develop and use global strategic skills
 Manage change and transitions
 Manage cultural diversity
 Communicate effectively
 Work with others and in teams
 Learn and transfer knowledge in an organization
 Design & function in flexible organization structures




2. 1

Variables influencing contemporary organizations to change

 Globalization and the global economy
 Technological advances
 Radical transformation of the world of work
 Increased power and demands of the customer
 The growing importance of intellectual capital and learning
 New role for and expectation of worker

After conducting an intensive market analysis, Lucien Ross concluded that a need
existed amongst middle- to lower-income groups in South Africa for more affordable
clothing products. Taking advantage of this opportunity, Ross Enterprises opened its
first Navy brand store in 1976.




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