MGMT 1000 Study Guide - Midterm Guide: Comparative Advantage, Marketing Mix, Institute For Operations Research And The Management Sciences
Document Summary
In the new the office of 2020 many of the current realities associated with the current workplace that will change into newly forged realities associated with a decade of change. Firstly we will all be interconnected to work 24/7 as current smart phones and social media eliminate the barriers between work and private life. Secondly the visible minority will be white as the domestic birth rate decrease and the additional rise of immigration increases the diversity of the workforce which offers a big comparative advantage for canada. This trend offers many opportunities for new products and services to emerge in the marketplace, and improved access to global markets. This also attaches limitations as it will be harder to enforce a single corporate culture. The importance of stakeholders is shown with the need to know who has a stake in the issues you are involved in, because if they do it demonstrates that they have an interest.
