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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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1. The city that I have chosen is the New York City. When it comes to economic inequality, the New York has the highest of it. The income gap in New York is way too much. “The highest tier makes 44.4...

2.4 Discussion
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When FDR was elected president in 1932, he campaigned on a vow to restore American confidence and pull the country out of the Great Depression. "We have nothing to fear but fear itself," Roosevelt sai...

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Explanation: After a long time after a year, organizations battle to stay aware of the most recent business guidelines and moving work environment issues. Up until this point, 2017 is the same. Neighb...

Module 3 Discussion
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Discussion 4- Business Strategy

Discussion 4- Business Strategy

Q On pages 35-36, your authors quote Gary Hamel and C.K. Prahalad who discuss that managers' views of their industry is affected by their own biases and preconceived notions. Why can this be troublesome? How can we work around it from a management perspective? .

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If we look this issue from a management perspective, it can be said that the bias and preconceived notions within an industry can cause some negative decisions for the company. It can even hamper the current working conditions and work policies which will cause a huge level of issue for the future endeavours. Management bias is one of the common issues for the companies to lead to bankruptcy and also to cause the employees to leave the company.