How Do Societal Trends Influence The Practice Of Management?


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Connor Sephton answered
Current trends and attitudes in society can have a big impact on how businesses are managed and organized. In recent years, the development of the Internet has seen many businesses turn towards the world of online advertising and marketing in order to reach a wider range of customers. Many high street companies have capitalized on the popularity of the World Wide Web to introduce exclusive online ranges of their goods and products - something which has seen profit margins soar across the board.

Similarly, societal changes have resulted in businesses allowing select members of staff to work from home. This frees up office space and allows employees with busy schedules and young children to be retained rather than lost and a replacement worker having to be hired. This is particularly popular now that technology is shaping society at a faster rate and on a greater scale than ever in the past. A greater number of workers can stay in contact with their employers over mobile phones and email messages, meaning there's no need for them to be in an office at all times.

Furthermore, as businesses become increasingly global because of technological advances in communication and transportation, many businesses are turning to their employees to work abroad or travel internationally as part of their job on a regular basis. Nowadays, many companies have worldwide clients as well as just native ones, meaning they often build workstations in foreign countries and re-distribute staff there to gain more and more custom.

Because society changes constantly, the ways in which businesses operate and are managed are also developing all the time. Many companies employ PR staff and market researchers to analyze current trends to see how their business can be adapted to suit the needs of our increasingly modernized society. There's a lot to be gained in terms of finances and social status by keeping up with societal trends and influences - ask any successful business person.

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