Among the important factors affecting people’ s behavior at Apple, job recognition is the one. The culture at Apple promotes the employees based on their performance and the recognition is given in the form of an invitation to attend the executive’ s meeting. In this meeting, the employee’ s say in the decision making is invited. The employees are titled as a rising star and each rising star is invited to the committee. Another important factor is of loyalty and commitment. People feel important being part of Apple Computers which is changing the entire world.
Management theory is based on live theories which are regularly updated and new ideas are added to it, and it generally deals with a variety of subjects like social sciences, psychology, finance, and technology. Another important point s the globalization and other changes brought in recently in the field of business administration, all affecting business practices Organizations are inducting a new breed in their manpower so that fresh and innovative ideas can be promoted. The young graduates are trained in case study methods and are aware of the changes in management practices.
Hence the changes are incorporated in the management practices. Many organizations which were reluctant to hire fresh people at leading positions are now proud to announce the youngest General Managers and Directors in their operations. This is a paradigm shift and this shift is supposed to continue over the next years as well. Nowadays, business administration has become the most important area of research and development within every organization; be it profitable or non-profitable, it is benefitting from the developments going on. Employee turnover is high in this industry and rich experience is adding to the overall value of the research field. Different approaches to management used by different organizationsAs mentioned earlier, every organization differs from the other one in terms of its function and structure, there are multiple management approaches used by various organizations.
Below is the description of these approaches and how they are used by various organizations.
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