Question: 9 . Management Thinking into the Future Consider how technology and people - driven organizations are driving change in today s business environment. Then place

9. Management Thinking into the Future
Consider how technology and people-driven organizations are driving change in todays business environment. Then place the letter of each management tool next to the example that describes its use.
Answer
Management Tool
Example Scenario
Big data analytics A. Macys department stores can adjust pricing in near-real time for items sold in stores and online based on demand and inventory available.
Radical decentralization B. Illinois Tool Works manufactures everything from nails to welding equipment to plastic six-pack rings. Each of their units is run by its own general manager, whose goal is to outperform everyone else in a particular market. These general managers can run their units as if they were their own businesses, as long as they and their teams can meet company goals.

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