Mng2602 study notes - Study guides, Study notes & Summaries

UNIT 1 – CHPT 3: FEATURES OF CONTEMPORARY ORGANISATIONS & NEW MANAGEMENT CHALLENGES REASONS WHY ORGANISATIONS CHANGE:  Organisations are open systems  They influence their environment & vice versa  Previous century ,environment was much more stable and traditional form(bureaucracy) worked well  Contemporary organisations function in environment characterised by major, ongoing change, hence  Emergence of “new” organisation forms FORCES THAT STIMULATE CHANGE: 1. Globa...

Study unit 1: Features of Contemporary Organisations and New Management Challenges Variables influencing contemporary organisations to change Variables that have emerged during the last decade: 1. Globalization and the global economy operating without constraints of national boundaries and seeking to compete in any high-potential market on Earth Countries work together to thereby creating a global village:  International transportation and communication has become cheaper  Business...