What is an informal management network? How are they established? Do you think they are useful to an international business? Why or why not?
What will be an ideal response?
An informal management network is a group of managers from different parts of the world who are connected to one another in some way. These connections often form as a result of personal contact, mutual acquaintances, and interaction achieved via travel, training programs, joint meetings, task force experiences, and so on. Informal management networks can be very powerful for short-circuiting bureaucracy that may delay communication and decision making. They also can be effective for getting things done more quickly and more effectively than if normal and routine procedures were always followed.
You might also like to view...
Where there are local minimum housing requirements, builders must:
A: Comply with local housing codes; B: Comply with federal housing specifications; C: Comply with the more stringent of the two laws in "A" and "B"; D: Observe the law in neither "A" nor "B."
The Swedish government has significant holdings in key business sectors and has a hybrid economic system that incorporates:
A) market capitalism and centrally planned socialism. B) centrally planned socialism and market socialism. C) centrally planned socialism and capitalism. D) market socialism and market capitalism. E) market capitalism and socialistic capitalism.