Wednesday, June 19, 2019

Business Time Travel Essay Example | Topics and Well Written Essays - 250 words

Business Time motivity - Essay ExampleThe researcher of the paper Business Time Travel states that having lived at a time when mass production and communication technology was not as advanced as it is today as noted by Jacob, Edison would guard to learn how to use the Internet and modern principles of management. In terms of profession management, the Wizard of Menlo Park would be quite challenged with how to apply the theories learned in operations research. He would possibly have problems in performing extensive market research using statistical analysis and optimizing business performance considering conglomerate forces that are at play today. Edison would also quite be challenged in using technology to the advantage of his organization. Having lived at a time when the Internet was barely to be a sureity, he would need to adopt the Internet as opposed to telegraphs which were essentially slower. This is so considering that in the modern world business managers have to make d ecisions fast based on facts so as to remain competitive in every possible way. In managing todays business properly, Edison should consider the importance of computer and modern communication technology such as mobile phones in making decisions and accessing information concerning the workforce in real time. He should also consider accepting diversity in the workforce given that people of different cultural backgrounds are bound to make up the human resource of the company. Yet again, Edison should learn the complexity of dealing with todays workforce in regard to their rights and need or being interconnected by trade unions

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