Managing & Organizations in changing contexts

Question 1

what is a paradigm

Answer 1

a set of forms all of which contain a certain element. A framework containing the basic principles or assumptions of an idea.

Question 2

list reasons for a paradigm shift

Answer 2

1. technology change
2. changing relations in service production
3. globalization
4. changing demographics

Question 3

when did the “made in china” phenomenon grow in popularity

Answer 3

1990s

Question 4

what are factor endowments

Answer 4

amount of land, labor, capital, and entrepreneurship that a country possesses and can exploit for manufacturing.