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Essay / Research Paper Abstract
This 4 page paper examines the concept of market based management looking at what it is and how it is applicable to the workplace. The bibliography cites 4 sources.
Page Count:
4 pages (~225 words per page)
File: TS14_TEMkBsMgmt.rtf
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Unformatted sample text from the term paper:
while embracing the idea of the value of freedom. By embracing market place management it may be seen as a paradigm that can relate to the modern workplace in a
more effective and accurate manner that the models of the past. There is a long history that shows where there
is freedom the social forces usually result in a more effective outcome for that society, this was the basis of philosophical arguments such as Hobbes and the need for private
ownership of land and freedom to develop it (Collinson, 2001), to the way in which areas with similar cultures, but different social structures have seen wildly divergent , as seen
wit the GDP per capita and the living standards of east verses west Germans prior to the reunification (Koch). This is not an isolated phenomena, it is also seen wit
the difference between China and Hong Kong (Koch). There is one aspect in common, in the cases of the greatest production there was the social structure of democracy and freedom,
rather than the constrained bureaucracy system where there was ore autocratic styles in the communist states (Koch). If the system, works in
sociality as a while, then it may be argued it will work in the subsections and components that make up society. In many management text books a company is seen
as a small community or society it is able to have its own culture and values, and while these may reflect the wide society values, they may also be very
divergent from those seen in other companies (Huczyniski and Buchanan, 2003). The idea with market based management is that market forces will
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