Title: MGT 485-Unit 2 IP-Vermont Teddy Bear Co Inc Case Study

Essay Details

Subject: Business
Author: Eric B
Date: May 4, 2015
Level: University
Grade: A
Length: 4 / 1043
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materials and labor. Until 1994, Vermont Teddy Bear experienced a great deal of success and profitability. The use of virtual teams to replace traditional face-to-face work groups is being driven by five trends: flatter organizational structures with increasing cross-functional management needs, tumultuous environments requiring more inter-organizational teamwork, increase in the autonomy of employees when it comes to the decision making process, greater knowledge base requirements stemming from an increase in the focus on service and an increase in the globalization of trade and corporate activity...

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"Environmental scanning involves monitoring, collecting and evaluating information in order to understand the current trends in the societal and task environments. The information is then used to forecast whether these trends will continue or whether others will take their place." (Wheelen, T. and Hunger, J...

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