The Realities of the Contemporary Management Context Require an Adaptation

question 15

Essay

The realities of the contemporary management context require an adaptation to the competencies needed for managers to remain both effective and efficient.Identify and define the five changes to the management competencies needed in the contemporary management context.Be sure to use examples to illustrate your answer.

---

Definitions:

Share

A unit of ownership in a company or financial asset, representing a proportion of the corporation's capital.

Stock

Shares of ownership in a corporation, representing a claim on the company's assets and earnings.

Stock Dividends

A distribution of additional shares of a company's stock to its shareholders instead of cash.

Par Value

The nominal or face value of a stock or bond as stated by the issuer, often used in the legal capital of a company.