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Modern Organizations and the Challenges of the New Century

The changes from the present times influence more and more, in general, the national economies and, in particular, the companies that thought of the impact on their business environment. If with decades behind, the organization of the company could remain unchanged for a long period of time, even in...

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Bibliographic Details
Published in:Knowledge horizons : economics 2013-07, Vol.5 (3), p.57
Main Authors: Tocan, Madalina Cristina, Chindris-Vasioiu, Oana
Format: Article
Language:English
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Summary:The changes from the present times influence more and more, in general, the national economies and, in particular, the companies that thought of the impact on their business environment. If with decades behind, the organization of the company could remain unchanged for a long period of time, even in conditions of economic crisis or economic growth, the situation in present is totally different because of the dynamic rhythm of economic and social life. In order to face and adapt to all these changes, the companies have to modify their management and organizational structures. In other words, the change in organizations must be, first, a way to act at the frequent changes in the business environment, requirements, and opportunities that can appear, not an objective that must be achieved. The ease with which firms adapt to environmental changes depends on their organizational structures and flexibility.
ISSN:2069-0932
2066-1061