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The Economics of Management

2 Pages 588 Words April 2019

Starting with the economic perspective, it can be said that since the beginning of industrialization, mankind has strived to develop further technologically. According to this, the motto "quantity instead of quality" is at the top of the list, which has become particularly noticeable over the past 30 years. Technological progress is barely traceable because new inventions are constantly turning the world into fascination and speechlessness. At the beginning of the twentieth century, nobody at all thought that it is possible to carry a pacemaker on the wrist or that even missing limbs can be controlled by mechanical prostheses from the brain. By this, I want to make it clear that older caliber people have a difficult struggle to adapt to the speed of growth, whereas those who are born into this "era" of rapid development can grow up with it and keep up with progress. This is time and money saving what is important in today's economic process and unfortunately from this moment separates the wheat from the chaff.
The chaff, which belongs to the growth of wheat and after threshing has no more use, symbolizes the old managers, through young and fast-working managers (wheat), which is a staple of our lives and the daily meal in the morning in the form of bread or toast is indispensable. Large corporations, banks, stock exchanges, etc... therefore need "global executives" who, especially nowadays, are willing to invade the business mercilessly, in the time when contacts can be made through social platforms like Facebook, Instagram, etc ... and thus reach same-age young manager is given around the globe. This offers advantages in many ways, as business transactions are easier to reconcile and companies benefit from reach. Therefore, the market is in great demand of young managers, as they are first confronted with the new technology during their studies, where I would like to refer back to the following lines: "9-13" and add that these do not...

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