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Wednesday, October 23, 2013

How Internal and External Factors Impact the Four Functions of Management MGT/330

In order to illustrate how intimate and external factors contact the intravenous feeding functions of management ?planning, organizing, leading, and controlling- our team has chosen full general Electric (GE) alliance as an example. GE has been in tune since the year 1890, when the come with began operating under Thomas Alva Edison (inventor of the light light bulb). Since because GE has growth and mature as one of the sterling(prenominal) multi innovator firm in business history, in accompaniment GE has become an international company expanding its products and service roughly the ball. Therefore we result explain how external and internal factors worry globalization, technology, innovation, diversity, and ethics at national and international train will impact the way GE managers apply the four functions of management. In addition we will talk about how foreign mission helps GE managers to minimize and manage these factors. First factor globalization, ?Is the inc rease interdependence, desegregation and interaction among people and corporations in disparate locations virtually the world? (Wikipedia 2007, p. 1). GE has established its business in 59 countries in all five continents of the world; in addition they retain innovating with products and services which adapt to the specific needs of different countries. GE web site illustrates its business expanding with an example of the constrict obtained with the Saudi-Arabian-Arabian Arabian electric company.
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GE will run 19 GE frame 7FA gas turbine generators which will be utilise to provide electric energy to different territories of the Saudi population. In addi! tion GE will offer, ?Technical advisory services, guest on-site training and performance testing? (GE weather vane billet 2007). Therefore, the four functions of management -planning, organizing, leading, and controlling- will study their separate impacts overdue to GE?s globalization. Planning will have to be developed by a team roll up of Saudi Arabian electric company managers and GE managers, therefore differences... If you indigence to get a full essay, order it on our website: OrderCustomPaper.com

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