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Write a 12 page essay on Is rationalisation a desirable strategy for managing and organising Junction Hotel in the current economic climate Discuss your.output in the production activities (Buckley &a
Write a 12 page essay on Is rationalisation a desirable strategy for managing and organising Junction Hotel in the current economic climate Discuss your.
output in the production activities (Buckley &.Casson, 1976). The method has however never been devoid of a critic who sees it as a new way of exploiting workers and dehumanizing them. Despite the critics Taylors way has impacted a lot on the management with various organizations adopting it either in one way or the other. Taylor postulates that the rational design selected by business depends mostly on the size of business running, therefore, small business organization borrows from simple designs because they comprise of les staff and example of such business are small kiosk that are being run solely by one person which is the authority and manager controlling other junior staff (Buckley &.Casson, 1976). This simple design shows a pyramid kind of hierarchical control with manager exercising larger control of business. This kind of control put all the responsibility on the manager as being responsible for all matters relating to organization and its workers, it therefore means that the employee’s only carries out activities assigned to them by the manager. Upon Taylor taking the position of management in a company the management strategy changed significantly breaking away from the past and adopting the new scientific way of management. He was determined to ending the soldiering problem in the company and bringing in change of mind between the workers and their managers based on four principles. Scientifically coming up with a way of performing specific task, picking workers best suited for a specific task, working according to the principal of science and specifying the roles of managers and workers. The scientific management increased the productivity of both workers and managers and in extension increasing their living standard and success due to...
Globalization has taken market competition to a whole new level as the dominant companies and organizations in the domestic countries faces competition from new entrants in to their field of specialization.
Today there is more efficiency in transport and distributions network this trend has brought ease to the business world because products can easily be distributed to the consumers. Electronic transfers have also made making and receiving international payments faster and more secure. Increase in transport and distribution networks also make it possible for consumers to receive products in good time and in varieties.
There has also been increased globalization in the financial institutions making it possible for organizations and individuals to readily access finances. Investors invest in different markets therefore reducing the risks that could be exposed to in concentrating only in one market.
Globalization has also escalated the inequality in the world as the rich will continue to become richer and the poor becoming poorer.The rich will be accumulating the wealth and investing in overseas account at the expense of the poor in their home countries. Also Developing countries are not in the limelight of globalization therefore sidelining them further in the development.
Conclusion
Globalization is on his part brought with it improvement in the markets all around the globe for domestic products hence availing variety of produce in plenty to people with high disposable income. There are however international bodies like the world trade organizations and United Nations which countries have to play by their rules to ensure that there is fair play in the world of trade. Globalization therefore is taking the world a new direction.
