Answer to Question #194208 in Management for Keith

Question

explain how the contemporary approaches are relevant to managing business organisations today. Use examples to support your answer

Answer 1

Contemporary management approaches include directing business operations using frameworks that focus on the recent trends in businesses. For instance, globalization is a crucial emerging issue that companies work to attain. Managing a firm using this aspect enables one to hold successful contemporary skills. In this regard, understanding management with a global perspective is essential in this kind of management