The role of engineering has suffered many changes over the last few decades, although its concept which is based on trial and error has remained an essential element of the scientific-technological method; where social, environmental and human factors define the most suitable solution to manage a particular issue. Thus, engineer's role is continuing reshaped according to the new challenges and necessities implicated by specialized disciplines on particular areas of technology (civil, chemical, agricultural, etc.).
Today’s business environment is experiencing radical changes influenced by phenomena such as globalization and technological advancements. As such, in order for organizations to remain relevant in a constantly changing marketplace, they need to keep changing their strategies. Among the measures or tools used by organizations to promote greater efficiency and maintain their competitiveness include, for instance, performance management systems.
The impact of management in globalization can be seen in areas like economics, social culture, and politics. Management is defined as the process of accomplishing the goals of the firm by using efforts of others. It is the principal tool through which objectives are attained. On the other hand, globalization refers to the comprehensive integration of multicultural considerations, perspectives, products, lifestyle, and technologies (Javidan et al., 2006). It has resulted in large-scale interdependence between countries and has allowed standardization of products to meet the needs of customers from different nations. This paper focuses on how management impacts globalization of business.
Advancements in information communication technology (ICT) are occurring at an unprecedented pace in the 21st century. Parallel to innovations in personal computing and mobile technology, the prevalence of social media applications skyrocketed over the past 10 to 15 years (Shearer & Gottfried, 2017). The widespread use of social media is not only changing how people communicate with each other, but it is also compelling substantive changes in the way businesses interact with consumers (Villanti et al., 2017). At its core, social media marketing encompasses the strategic approach companies employ to harvest traffic, attention, and interest from social networking users toward their products and services. The advent of social media marketing is a relatively new phenomenon, yet most businesses understand that designing and maintaining a successful social media strategy is imperative in the contemporary business environment (Alharbie, 2015). This essay comprises a discussion regarding the unique characteristics, merits, and demerits of social media marketing by examining recent and relevant scholarly studies from the extant literature.
The business environment is a field of dynamics. What is new today is tomorrow irrelevant. This has put pressure on businesses to keep changing the ways of operations in order to remain relevant to their customers and other stakeholders. Unfortunately change management is difficult and not readily impressed because it comes with a range of consequences. The management needs to begin small in order to successfully monitor and evaluate the change process. Proper management of feedback is key in ensuring that the whole process of change is achieved successfully.