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

In order to illustrate how versed and external factors wedge the intravenous feeding functions of management ?planning, organizing, leading, and controlling- our team has chosen prevalent Electric (GE) alliance as an example. GE has been in bank line since the year 1890, when the come with began operating under Thomas Alva Edison (inventor of the light light bulb). Since accordingly GE has growth and mature as one of the sterling(prenominal) multi innovator firm in business history, in plus GE has become an international company expanding its products and go roughly the ball. Therefore we result explain how external and internal factors worry globalization, technology, innovation, diversity, and ethics at national and international take will impact the way GE managers apply the 4 functions of management. In addition we will talk about how representation helps GE managers to minimize and manage these factors. First factor globalization, ?Is the increase interdepen dence, desegregation and interaction among people and corporations in disparate locations nearly 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 early(a) countries. GE web site illustrates its business expanding with an example of the crusade obtained with the Saudi-Arabian Arabian electric company.

GE will add 19 GE frame 7FA gas turbine generators which will be utilise to provide electric energy to different territories of the Saudi popu lation. In addition GE will offer, ?Technica! l informative services, guest on-site training and performance testing? (GE vane billet 2007). Therefore, the four functions of management -planning, organizing, leading, and controlling- will begin their unmarried impacts overdue to GE?s globalization. Planning will have to be developed by a team allay 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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