Sustainable Businesses in Developing Economies by Rajagopal

Author:Rajagopal
Language: eng
Format: epub
ISBN: 9783030516819
Publisher: Springer International Publishing

Reflection tasks stimulate thinking about their understanding and feelings as they progress through the consumer process.

Adaptability drives managers who are able to increase cognitive adaptability have an improved ability to:Adapt to new situations.

Be creative.

Communicate one’s reasoning behind a particular response.

Organizational integration is increasingly essential to motivate social and consumer awareness about the energy consumption pattern. Cutting-edge companies are putting their efforts to meet challenges by integrating the organizational issues horizontally like subunit- or area-autonomy and centralized monitoring and control. The fundamental management challenges of the emerging and small enterprises are diversified activities, decision-making, and companywide cohesion. In the mid-twentieth century, performance criteria were often ignored by the small firms. However, empowerment of managers in enhancing the production improved the unit competitiveness but deteriorated the organizational efforts in diffusing knowledge sharing within the firm. Consumer philosophy in twenty-first century has changed to decentralization of power to drive the business decisions faster. Managers today are responsible to help another employee to improve both individual and collective performance (Ghoshal and Gratton 2002).

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