Homework questions Essay Example | Topics and Well Written Essays - 500 words

Homework questions - Essay Example Scenario planning refers to an analytic model employed by a corporate organization for future predictions regarding corporate strategy (Schoemaker, 2005). Therefore, the process may be employed both locally and globally as a strategic management tool with regard to future trends. For instance, insurance companies may employ scenario planning so as to ascertain the occurrence of certain risks. Cultural values play a crucial role in the management process (Berrell and Wright, 2009). For instance, some leadership aspects may be as a result of the passing of cultural values from one generation to another generation. Other styles may be as a result of westernization processes. Thus, cultural values act as a link between various values such as education, technology and corporate culture. This, in turn, shapes the desired management style, thus, underlining the importance of cultural values in management processes. Through virtual team membership, in completing an Organizational Change Development Project, simulation analysis of the Blue Horizon Cruises allowed us to effectively analyze various cultures that often result in conflict (Berrell and Wright, 2009). This was in reference to the reaction towards capitalistic culture around the world. Thus, different cultural orientations towards this practice were analyzed and appreciated. Through coverage of course, the relationship between social science research methods and practical Organizational Change Development issues was emphasized. This was owed to the relationship between various cultural practices and Organizational Change Development issues (Berrell and Wright, 2009). Thus, we were able to employ various social science research methodological practices in relation to outlining Organizational Change Development issues while also paying attention to various ethical issues. Embracing of the ‘genius of and’ is crucial to the existence of any organization. However, western companies be hindered by