Find a company that has laid off a significant number of workers in the last year. (Hint: Use the word layoff as a search term on the Internet.) Investigate that company. Why did the firm make the layoffs? In your opinion, is the company likely to accomplish its intended goal by laying off so many workers? Why or why not?
Answer to relevant QuestionsDoes the pattern of management developments at GE over the last century seem to reflect the pattern suggested by management theory? Explain your answer. Describe the organization’s general environment. For each dimension, give at least one specific example, other than the examples mentioned in your text. What forces in Goldman Sach’s external environment have accounted most for “fortunes of fate” that the company – indeed, the investment banking industry – has experienced since 2008? What is the relationship between the law and ethical behavior? Can illegal behavior possibly be ethical? For each of the four globalization strategies, describe the risks associated with that strategy and the potential returns from that strategy.
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