Challenges of the Early 21st Century Environment and Implications on Managerial Academic Preparation
Challenges of the Early 21st Century Environment and Implications on Managerial Academic Preparation

Summary/Abstract: Switching from the abundance of supply shortages, increased market role in the economic development of firms and national economies and the shift from production economy to spirit the spirit of market economy in the operation of companies is the current economic characteristics influencing the dominant management organizations. It is a natural concern for increasing managerial competence through adequate academic preparation. The paper presents the current contextual challenges and which casts them in preparing management philosophy. Since the late '70s, began to manifest certain characteristics of economic and political environment at the beginning of XXI century can be said to have become dominant: * Shift from shortage to abundance of supply; * Increasing market role in the economic development of firms and national economies; * Transition from spirit to spirit production economy to market economy in the operation of firms etc.

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