MGM101H5- Final Exam Guide - Comprehensive Notes for the exam ( 23 pages long!)
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MGM101H5 Full Course Notes
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Managers are responsible for making decisions under conditions of uncertainty about the allocation of scarce resources towards achieving the organization"s strategic objectives . It"s not about the specific context (i. e. author"s name) Yes, in order to keep the % of profit a company has been keeping for the reason of keeping all stakeholder. Not just increase in labour but also increase in all inputs (other companies" inputs) What are the issues mentions in the article: rise of automation, shortage of talent, diversity of employees, geopolitical issues, outsourcing taking functions that you typically did yourself and buying it from others. Paying other people to do work for us. (no building, just basement) Offshoring (i. e. moving facilities abroad to get lower costs) You can be the first person to introduce new things. (no more status quo) Managers today have to be managers of change .
