How Internal and External Factors Impact the Four Functions of Management MGT/330

In order to illustrate how inborn and external factors concussion the intravenous feeding functions of management ?planning, organizing, leading, and controlling- our team has chosen normal Electric (GE) alliance as an example. GE has been in blood since the year 1890, when the come with began operating under Thomas Alva Edison (inventor of the candent light bulb). Since indeed GE has growth and mature as one of the sterling(prenominal) multi innovator firm in business history, in step-up GE has become an international company expanding its products and function roughly the ball. Therefore we result explain how external and internal factors worry globalization, technology, innovation, diversity, and ethics at national and international level will impact the way GE managers apply the 4 functions of management. In addition we will talk about how delegating helps GE managers to minimize and manage these factors. First factor globalization, ?Is the change magnitude i nterdependence, desegregation and interaction among people and corporations in disparate locations close to the world? (Wikipedia 2007, p. 1). GE has established its business in 59 countries in all five continents of the world; in addition they retain innovating with products and services which adapt to the specific needs of opposite countries. GE web site illustrates its business expanding with an example of the use up obtained with the Saudi-Arabian-Arabian Arabian electric company.

GE will result 19 GE frame 7FA gas turbine generators which will be utilise to provide electric energy to different territori es of the Saudi population. In addition GE w! ill offer, ?Technical informative services, guest on-site training and performance testing? (GE entanglement billet 2007). Therefore, the four functions of management -planning, organizing, leading, and controlling- will switch their individualist impacts overdue to GE?s globalization. Planning will have to be developed by a team pen of Saudi Arabian electric company managers and GE managers, therefore differences... If you indigence to get a full essay, order it on our website: OrderCustomPaper.com

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