Discuss how can managers ensure that they are not following a trend but instead doing what is truly best for the organization.
Identify the major changes, including the main reason for the transformation in this section.
July 25, 2020Identify the circumstances surrounding each issue; classify the circumstances; attribute the importance of each classification; and test the accuracy
July 25, 2020Discuss how can managers ensure that they are not following a trend but instead doing what is truly best for the organization.
Many times organizations will make decisions based upon what other organizations are doing at the time or based upon the latest business trend. Think about the dot-com bubble as businesses soared and perhaps were also part of the major bust. Many organizations felt that they needed to join the crowd and have an online presence, only to realize within a couple of years that the decisions were made in haste, which resulted in many companies filing for bankruptcy. This era also had some companies that did not follow the trend only to realize within a couple of years that they were losing out on a new market, such as the online trading industry. This is why doing some research in the beginning can really help organizations make decisions based upon what is truly good for the organization.Using the Argosy University online library resources and the Internet, research ways of making informed decisions.Respond to the following:Write your initial response in 300500 words. Apply APA standards to citation of sources.
