Question

4 what factors are reshaping and redefining contemporary management and how

Answer 1

Answer:

managers are dealing with changing workplaces, ethical and trust issues, global economic uncertainties, and changing technology. Two areas of critical importance to managers are delivering high-quality customer service and encouraging innovative efforts. managed

Answer 2

The factors that are reshaping and redefining contemporary management are digitization and automation of the work processes, globalization uncertainties, ethical and environmental issues

Explanation:

• The changing and the dynamic economy is characterized with changing technologies have lead to the automation and digitization of the processes and working of an organisation
• The managers need to deal with the changing environment and the uncertainties of the national and global economy. It is a challenging task to adapt to the newer methods of contemporary management. To be successful the manager need to be creative and innovative in their approaches to achieve their objectives.
• The Managers require to deliver quality based customer ethical service to the customers based on trust which is necessary for survival and success of the organisation.

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