MAN 3025 Lecture Notes - Lecture 2: Foreign Direct Investment

• School: University of Florida
• Department: Management
• Course: MAN 3025
• Professor: Professor Archambeau

Document Summary

Management: the pursuit of organizational goals e ciently and e ectively by, integrating the work of people through, planning, organizing, leading, and controlling the organization"s resources. Challenge 1: managing for competitive advantage: competitive advantage. Ability of 1 organization to outperform others: produces desired goods/services more e ciently and e ectively. 4 building blocks: responsiveness to customers, innovation, e ciency, quality, best companies manage to deliver on more than one pillar of advantage. Challenge 2: managing for it: information tech has facilitated e-business, using the internet to facilitate every aspect of running a business. By 2019, consumers are projected to spend . 55 trillion online: accelerated decision making, changes in organizational structure, jobs, and goal setting. Role of knowledge management: role of al. Who is watson: it has also increased the speed of globalization, driving industry convergence. Tuesday, august 28, 2018: changing nature of the workforce: Diversity in the news silicon valley under re: impact on managers.