week2 Internal and External Factors on the Four Functions of Management
Internal and External Factors on the Four Functions of Management
Mark Mitchell
XMGT-230
May 11, 2014
Shane Denevan
Internal and External Factors on the Four Functions of Management
In regards to internal and external factors that can significantly influence the four functions of management, include such items as globalization, technology, diversity, ethics and innovation. Furthermore, all of these items pay an important role in the dominance of General Motors in the automotive industry. GM has changed manufacture attitudes to concentrate on some strategic priorities those being to become common, envision lean and compete fast, participate on a worldwide footing, cultivate the business and as a rule significantly keep their attention on the finished goods. General Motors is determined to be committed to a lean and familiar single, global manufacturing approach (Automotive Intelligence News, 2003). The external factor of globalization is a major factor in today’s business world. Globalization additionally adds to the factors of cultural diversity and cultural ethics as it pertains to business climate, culture and organization. Likewise, even in the US General Motors deals with the issues of diversity and values based of the many cultures that live within the country. Diversity can be both a help and a hindrance to the four function of management, in that when cultural diversity is utilized correctly it aids in all phases of business. However, if both the countries or the individual workers feel that their culture or beliefs are being looked down upon or are demeaned this can lead to serious repercussion. The same ca be said concerning the ethics each culture holds management must walk a fine line to ensure no vilification or no indignity occurs. Globalization needs a firm touch and a steady hand in the first planning, which entails what countries a company wants to build and sell their goods to, while maintaining a presence in that country. What value the
Mark Mitchell
XMGT-230
May 11, 2014
Shane Denevan
Internal and External Factors on the Four Functions of Management
In regards to internal and external factors that can significantly influence the four functions of management, include such items as globalization, technology, diversity, ethics and innovation. Furthermore, all of these items pay an important role in the dominance of General Motors in the automotive industry. GM has changed manufacture attitudes to concentrate on some strategic priorities those being to become common, envision lean and compete fast, participate on a worldwide footing, cultivate the business and as a rule significantly keep their attention on the finished goods. General Motors is determined to be committed to a lean and familiar single, global manufacturing approach (Automotive Intelligence News, 2003). The external factor of globalization is a major factor in today’s business world. Globalization additionally adds to the factors of cultural diversity and cultural ethics as it pertains to business climate, culture and organization. Likewise, even in the US General Motors deals with the issues of diversity and values based of the many cultures that live within the country. Diversity can be both a help and a hindrance to the four function of management, in that when cultural diversity is utilized correctly it aids in all phases of business. However, if both the countries or the individual workers feel that their culture or beliefs are being looked down upon or are demeaned this can lead to serious repercussion. The same ca be said concerning the ethics each culture holds management must walk a fine line to ensure no vilification or no indignity occurs. Globalization needs a firm touch and a steady hand in the first planning, which entails what countries a company wants to build and sell their goods to, while maintaining a presence in that country. What value the
References: Automotive Intelligence News. (2003). GM 's Global Manufacturing System - A System To Build Great Cars and Trucks. Retrieved from http://www.autointell.com/News-2003/January-2003/January-2003-1/January-03-03-p6.htm GM News. (2014). GM Restructures Global Engineering for Cross-System Integration. Retrieved from http://media.gm.com/media/us/en/gm/news.detail.html/content/Pages/news/us/en/2014/Apr/0422-global-eng.html Jie, M. & Horie, M. (2014). Toyota Beats GM in 2013 as 10 Million Vehicles Seen. Retrieved from http://www.bloomberg.com/news/2014-01-23/toyota-beats-gm-vw-in-2013-car-sales-sees-3-growth-this-year.html Merchant, K. (1982). Controlling Function of Management. Retrieved from http://sloanreview.mit.edu/ The Denver Post. (2013). General Motors working on 200-mile electric car, exec says. Retrieved from http://www.denverpost.com/business/ci_24109259/general-motors-working-200-mile-electric-car-exec