MNG2602 CONTEMPORARY MANAGEMENT (MNG2602)

UNIT 1 Features of contemporary organisations and new management challenges Prescribed textbook chapter 3: pp 46–68 Study guide: pp 1–10 LEARNING OUTCOMES: > Cite reasons why organisations change > Identify “new” variables in the business environment of contemporary organisations > Defend the statement that bureaucracy fails to provide for the needs of modern organisations > Expound on the features of the new, emerging organisation These changes in our lives can be a...

MNG2602 EXAM PACK 2021. THE MARKET ENVIRONMENT CONSISTS OF THE FOLLOWING KEY VARIABLES: Consumers  You need to explain here that the market consists of people with specific needs that have to be satisfied and who have the financial ability to satisfy their needs.  Consumers are the chief component of the market environment. The organisation’s marketing offering is targeted at the consumer.  There are five groups of consumers or markets, namely; consumer markets, industrial mark...

MNG2602 – EXAM PAPERS & SOLUTIONS | Graded A. 2021. Mr Chris O’Reilly, the CEO of MoneyMax Micofinancing Solutions, is looking for a new manager to operate and lead the first international branch of his business in Australia. While doing research, he comes across a profile for effective global leaders and users this profile as an aid to compile the job requirements for the position. Which one of the following is not an ability that the new global manager of MoneyMax would need? 1. He/s...

Study unit 1: Features of Contemporary Organisations and New Management Challenges Variables influencing contemporary organisations to change Variables that have emerged during the last decade: 1. Globalization and the global economy operating without constraints of national boundaries and seeking to compete in any high-potential market on Earth Countries work together to thereby creating a global village:  International transportation and communication has become cheaper  Business...

THE MARKET ENVIRONMENT CONSISTS OF THE FOLLOWING KEY VARIABLES: Consumers  You need to explain here that the market consists of people with specific needs that have to be satisfied and who have the financial ability to satisfy their needs.  Consumers are the chief component of the market environment. The organisation’s marketing offering is targeted at the consumer.  There are five groups of consumers or markets, namely; consumer markets, industrial markets, government markets,...

CHAPTER 3 FEATURES OF CONTEMPORARY ORGANISATIONS AND NEW MANAGEMENT CHALLENGES 3.1 The changing face of contemporary organisations The Information Revolution and the emergence of globalisation are two factors that forced organisations to change The key features of emerging ‘new’ organisations are that they are flatter and leaner, flexible, networked internally and externally, diverse, and global in orientation and operations 3.2 Variables influencing contemporary organisations to ch...

THE MARKET ENVIRONMENT CONSISTS OF THE FOLLOWING KEY VARIABLES: Consumers  You need to explain here that the market consists of people with specific needs that have to be satisfied and who have the financial ability to satisfy their needs.  Consumers are the chief component of the market environment. The organisation’s marketing offering is targeted at the consumer.  There are five groups of consumers or markets, namely; consumer markets, industrial markets, government markets,...

MNG2602___Summary_for_Exam_2018