Organizational Behavior
Organizational Behavior
4th Edition
ISBN: 9781259927676
Author: MCSHANE, Steven Lattimore, Von Glinow, Mary Ann Young, Mary Ann.
Publisher: Mcgraw-hill Education,
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Chapter 1, Problem 3LO
Summary Introduction

To discuss: The organizational behaviours is based on which anchors.

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3 of 5 • Make the most of your investment When considering a diversification strategy, business owners should aim to de-risk as far as possible. Sometimes it is possible to open the door to a new market by making a relatively small vertical or horizontal step. A training company, for example, could drill up or down by expanding its range of training courses, while a catering business could reach out horizontally by offering home-delivered cookery boxes. Du Toit says small business owners must make the most of their ability to react to market changes quickly to find alternative revenue streams. “However, in this time of uncertainty, it is important to continue to plan for market recovery and the long term." The Fourth Industrial Revolution "Every business will be affected by this new era of technology. Artificial intelligence will augment how we work and build new industries. Managers and executives need a paradigm shift in their thinking to cope with this," concludes du Toit. (Source:…
"Every business will be affected by this new era of technology. Artificial intelligence will augment how we work and build new industries. Managers and executives need a paradigm shift in their thinking to cope with this"  Examine the steps SMEs in South Africa can take to integrate AI-based changes to ensure a smooth transition to AI driven industial revolution.
Discuss vision and mission statement with appropriate examples
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