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Managers need to have knowledge on several business which comes on discussion by managers or sub-ordinates very fast compare to individual disussion.

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Why should managers be acquainted with research and development?

Managers should be acquainted with research/development because development is how businesses survive, and research is required for this to happen. I'm the owner of several businesses, and I constantly am researching my competitors. I wouldn't be able to compete if I didn't understand my competition.


How are managers bonded to shareholders?

1. Shareholders determine the membership of the board of directors by voting. 2. Contracts with management and arrangements for compensation can be made so that management has an incentive to pursue shareholders' goals. 3. Fear of a takeover gives managers an incentive to take actions that will maximize stock prices 4. Competition in the managerial labour market may force managers to perform in the best interest of shareholders. Firm willing to pay the most will lure good managers.


What problems can Small and Medium Enterprises face to become global?

The main problem is that competition is rather high, and it is difficult to maintain high position on the market.


Challenges of financial manager in the 21st century?

Financial managers in the 21st century face several challenges, including rapid technological advancements that require constant adaptation to new tools and data analytics. They must navigate complex global markets and regulatory environments while managing risks associated with economic volatility and geopolitical uncertainties. Additionally, there is increasing pressure to incorporate sustainability and ethical considerations into financial decision-making, reflecting a growing emphasis on corporate social responsibility. Balancing these demands while ensuring organizational profitability and growth is a significant challenge for financial managers today.


What impact does the diamond company monopoly have on the global diamond industry and market?

The diamond company monopoly can limit competition, control prices, and restrict supply in the global diamond industry and market. This can lead to higher prices for consumers and less innovation in the industry.

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Global Security Challenge was created in 2006.


When was Global Corporate Challenge created?

Global Corporate Challenge was created in 2004.


How do the global competition impacts Tiffany's organization?

are global competition impacting Tiffany & Company


What are the Six challenges that face managers in the 21st century?

political and cultural differences global competition terrorism technology finding ways to balance their social responsabilities their images and their and their competitive strategies


What has the author Basil Blackwell written?

Basil Blackwell has written: 'The global challenge of innovation' -- subject(s): International Competition, International business enterprises, Technological innovations


What do baseball managers' challenge?

Any call they disagree with.


What current champions league managers have won the competition as players?

one of the three current managers is Carlo ancelloti


What is a kid friendly definition of challenge?

competition


What are the release dates for Food Network Challenge - 2003 Challenge World Pastry Competition 2-21?

Food Network Challenge - 2003 Challenge World Pastry Competition 2-21 was released on: USA: 17 July 2005


Nokia motivates global managers to cooperate with each other and share their knowledge and expertise?

Nokia motivates global managers to cooperate with each other and share their knowledge and expertise?


Is global warming and global competition the same?

Global warming is the gradual change in climate as more and more greenhouse gases build up a layer in the atmosphere that stops the earth's heat escaping out to space. Global competition is the urge on the part of countries to be better than their neighbors.