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Management And Changes In Business Environment

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  • Jovanović, Zoran

Abstract

This study emphasizes the need for managers to promptly and effectively respond to changing business environment. Also, special review on limiting factors in the activities of managers and limiting their ability to anticipate and respond to the challenges of change in the business environment. This study also suggests some ways in which managers and organizations might improve own readiness and flexibility which is needed to respond promptly to business environmental changes. Different types of organizational learning and their relationship to strategy formulation and implementation are described in this study.

Suggested Citation

  • Jovanović, Zoran, . "Management And Changes In Business Environment," Ekonomika, Journal for Economic Theory and Practice and Social Issues, Society of Economists Ekonomika, Nis, Serbia, vol. 61(2), pages 1-10.
    • Handle: RePEc:ags:sereko:206537
    DOI: 10.22004/ag.econ.206537
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    File URL: https://ageconsearch.umn.edu/record/206537/files/12.pdf
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    References listed on IDEAS

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    1. Donald C. Hambrick, 1982. "Environmental scanning and organizational strategy," Strategic Management Journal, Wiley Blackwell, vol. 3(2), pages 159-174, April.
    2. James G. March, 1991. "Exploration and Exploitation in Organizational Learning," Organization Science, INFORMS, vol. 2(1), pages 71-87, February.
    3. Henry Mintzberg, 1978. "Patterns in Strategy Formation," Management Science, INFORMS, vol. 24(9), pages 934-948, May.
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    Cited by:

    1. Nyamwanza L. & Madzivire E. & Madzivire E., 2020. "Impact of Management Accounting on Decision Making: A Zimbabwean Perspective," Journal of Accounting, Business and Finance Research, Scientific Publishing Institute, vol. 9(1), pages 37-49.
    2. Nyamwanza L. & Madzivire E. & Madzivire E., 2020. "Impact of Management Accounting on Decision Making: A Zimbabwean Perspective," Journal of Accounting, Business and Finance Research, Scientific Publishing Institute, vol. 8(3), pages 133-145.

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