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Managers should proactively assess environmental factors by conducting regular analyses of external influences such as economic trends, regulatory changes, and social dynamics. They should adapt their strategies to align with these factors, ensuring flexibility and responsiveness to market conditions. Additionally, fostering a culture of innovation and sustainability can help the organization thrive amid changes. Engaging stakeholders and maintaining open communication will also enhance adaptability and resilience.
What else can I help you with?
What are some factors that should managers take into consideration when using financial ratio analysis to make decisions?
Jake derbyshire.
Should managers and non managers be appraised from multiple prespectives?
Yes, managers and non-managers should be appraised from the top and the bottom. This will help executive managers get a better idea of how they are performing.
Are managers should not wear uniforms?
Managers SHOULD wear uniform or they look unprofessional.
What is the relationship managers should have?
managers should never date their employees. that just leads to a bad ending.
Should financial managers concentrate strictly on cash flow?
financial managers
Which environmental factors should a marketer take into account when marketing the following products in international market place and why?
alcohol
What is Issue Priority Matrix?
The Issues Priority Matrix is a way to identify and analyze developments in the external environment. Managers can use it to decide which environmental trends should be merely scanned (low priority) and which should be monitored as strategic factors (high priority).Steps to Building the Issues Priority Matrix:* Identify likely trends emerging in societal and task environments * ** Strategic environmental issues - important trends that determine what the industry will look like in the future * Assess probability (low-medium-high scale) of these trends occurring * Ascertain impact (low-medium-high scale) of these trends on the corporation External strategic factors are the key environmental trends judged to have both a medium to high probability of occurrence and impact.
Do you respond to RSVP if you are not attending the event?
no
When making decisions managers should?
today
What three factors should be considered before mining a newly found mineral deposit?
Perhaps it can't say it detailed but the three main factors are social, economic and environmental factors which should be considered before mining a newly found mineral deposit.
What action should be taken by various functional managers to meet the scheduled dates?
action should be taken by various functional managers to meet the scheduled dates
What are the types of biological hazard should be of the greatest concern to food establishment managers?
What are the types of biological hazard should be of the greatest concern to food establishment managers? Why?
