Global Exam review 1. Describe how technology has automated business processes during the three economic eras of US history as we evolve into a globalized economy. Specifically‚ discuss the impact of technology on labor‚ productivity‚ and marketplace. We become innovative out of necessity. When we are miserable enough; we create new ways of doing things. We innovate. * Agrarian Society: Examples 1800 – 1870 Local Economy During the agricultural age up to 80% of the population
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redefined‚ class of workers will be the best bet for job growth and success into the next century. Opportunities for job growth will remain rather high. This is a result of two factors‚ a slowing growth in population and the future retirement of the baby boomer generation (Reich‚ 203). It is not the number of jobs in the future that is the problem‚ its the quality of those jobs. On the whole‚ Reich identifies two trends in job quality. The number of mundane‚ manufacturing jobs will decrease as well
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While Generation Y (the people born approximately between 1970 and 2000) is alive‚ the Baby Boomers will pass. Generation Y will be the leading force determining everything from pop culture to foreign policy. Being the largest generation in U.S. history‚ they will play a huge role in America’s future and will leave a dramatic impact. Generation Y will achieve more tolerance and understanding for alternative lifestyle choices‚ lead to substantial technological progress and have great advancements
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PEST Analysis The PEST Analysis identifies changes in the market caused by: Political ‚ Economical‚ Social and Technological factors. Political Analysis and Factors: Those Non- Alcoholic Beverages like; Coca-Cola‚ are within the food category‚ under the FDA (Food and Drug Administration). The government has control over the manufacturing procedure of these products in terms of regulations.Companies who fail to meet the standards of law‚ are fined by the government. Following are provided some of
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homes fill up as soon as they open. This trend is true for just about every type of group home. For example‚ group homes for disabled adult children are much in demand. Why? This is because their parents are from the baby boomer generation and they are now retiring... and the baby boomers need to be sure that their children are cared for after they are gone. Given the high demand‚ this is one of the few good businesses to start right now during the current economic downturn. With housing prices
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Topic: Recruitment of Generation X and Generation Y employees Recruitment is an ever changing landscape as it deals with three different generations in the workplace‚ which includes Baby Boomer‚ Generation X‚ and GenerationY (Sirona‚ 2007). Generation X employees are the smallest of the three groups‚ they represent roughly 16 percent of the workforce population; Generation Y employees represent 25 percent of the workforce (Ha‚ J.‚ 2006). Generation Y employees are passionate‚ responsive‚ team-oriented
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(Clark‚ 2013). A leader’s ability to communicate effectively has evolved over time as the new generation has entered the workforce. Characteristics‚ age‚ and technology all play a role in how leaders communicate today. Bridging the Age Gap As “Baby Boomers”‚ people born between the years of 1946-1964‚ begin to retire‚ the new generation is stepping into their shoes. Generation X (born between 1965-1976) and Generation Y or Generation M.E. (born between 1977-1998) are a new generation of leaders who
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Partners of the World. - Kellogg also faces competition from private-label cereals (A&P‚ Wal-Mart‚ Stop and Shop‚ which lowers the cost of the product). They also offer everyday low pricing and free consumers from cutting out coupons. - As the baby boomer
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HBR case study I see their problems first as related to poor communications skills‚ and secondly a generation issue. Mental models of GenY´s and GenXes are not necessarily vastly dissimilar‚ especially if compared to the dinosaurs from the Baby Boomer generation. Nonetheless Sarah and Josh are encoded with quite different value systems‚ leading them to see and expect different things. Sarah‚ as the leader‚ is ultimately responsible for dealing with the situation establishing functioning
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Generation Y‚ also known as Millennial Generation is the demographic cohort following Generation X. There is no precise date for when Generation Y starts and ends. Born between 1977and 2000‚ these children of the baby boomers number 83 million‚ dwarfing the Gen Xers and larger even than the baby boomer segment. This also gives opportunity to marketers to launch. * A better-educated‚ more white-collar‚ more professional population Nowadays‚ the number of working women was increased and this has spawned
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