Impact of Technological Advancements on Marketing in the Contemporary Business Environment - Research Proposal Example

The author further argues that this approach fails to meet the desires and needs of workers in the contemporary business environment where diversity is the order of the day.... ontemporary Management TheoryAccording to Jelonek (2015), the contemporary management theory is more inclined towards the individuals in a given workplace rather than the procedures, processes, and rules governing organizational operations.... Rather than have directions flowing directly from the top management to the juniors, the contemporary theory of management provides for a closer engagement between employees and the organization's management, especially when making important decisions....

in the contemporary world, many people are adopting the use of electric cookers and wood fuel in their daily lives.... … The paper 'Sustainability in Global business' is a great example of a business Case Study.... nbsp; The paper 'Sustainability in Global business' is a great example of a business Case Study.... In order to maximize their productivity in the global market, this industry should adopt technological advancement strategies....

The prior category is chiefly internal to the firm while the latter category is connected to the external environment.... By 2017, Westpac will reach a commendable milestone of being in business for two centuries and according to Westpac Group Annual report (2010), the firm is making efforts towards sustainability which entails managing and positioning the company for the long-term....

… The paper "How the Current External business environment Impacts upon Job Design, HRP" is a great example of human resources essay.... The paper "How the Current External business environment Impacts upon Job Design, HRP" is a great example of human resources essay.... In the present competitive business environment, HR functions are considered as crucial functions that have an effect on organisational performance; since competitive advantage can only be offered by human resources (Savaneviciene & Stankeviciute, 2011)....

When organizations venture into the international markets, conducting environmental analyzes will be essential to understand the effect of competitors, suppliers, buyers and trends in the industry environment (Dragnić, 2014).... Environmental Analysis and Competitive Advantage The external environmental analysis examines the turbulent conditions in the firms' environment owing to economic restructuring, technology advancement, and globalization and emerging new markets (Küçükaslan & Ersoy, 1997)....

The political environment allows for fair competition without discrimination of foreign companies Economic and Financial Trends Economic trends in the country will have an impact on the business.... With the great innovation and development of talents in AHP, the company now has the best designers who have developed best packing and marketing skills enabling the company to thrive well in the market Political Trends The Chinese government has been stable for a long time which making Shanghai suitable business environments (Forte, 2009, p....

E-commerce Overview The advancement in technology has triggered competition in the modern business environment.... The shifts in technological advancements have triggered the establishment of electronic commerce.... The shifts in technological advancements have triggered the establishment of electronic commerce.... Electronic commerce is a form of a business model that allows people or organizations to carry out business via the internet....