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

In order to illustrate how inner and external factors electric shock the intravenous feeding functions of management ?planning, organizing, leading, and controlling- our team has chosen frequent Electric (GE) alliance as an example. GE has been in business since the year 1890, when the come with began operating under Thomas Alva Edison (inventor of the incandescent light bulb). Since consequently GE has growth and mature as one of the sterling(prenominal) multi innovator firm in business history, in gain GE has become an international company expanding its products and service roughly the ball. Therefore we result explain how external and internal factors worry globalization, technology, innovation, diversity, and ethics at national and international direct will impact the way GE managers apply the 4 functions of management. In addition we will talk about how agency helps GE managers to minimize and manage these factors. First factor globalization, ?Is the increase interdependence, desegregation and interaction among people and corporations in disparate locations approximately 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 lease obtained with the Saudi-Arabian-Arabian Arabian electric company.

GE will ply 19 GE frame 7FA gas turbine generators which will be utilise to provide electric energy to different territo ries of the Saudi population. In addition GE! will offer, ?Technical consultive services, guest on-site training and performance testing? (GE tissue billet 2007). Therefore, the four functions of management -planning, organizing, leading, and controlling- will piddle their respective(prenominal) impacts overdue to GE?s globalization. Planning will have to be developed by a team redact 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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