As a result of globalization and new information and communications technology, would you expect that the definitions of markets that antitrust authorities use will become broader or narrower?
Ch. 6 Understanding the Management Process 6-1 What is Management Management: The process of coordinating people and other resources to achieve the goals of an organization. Organizations use 4 kinds of resources: 1.) Material - The tangible & physical resources that an organization use. 2.) Human - People. Possibly the most important resource. Many firms believe that prioritizing human resources and working to ensure that employees are happy can greatly affect productivity and customer relationships. 3.) Financial - The funds an organization uses to meet its obligations to investors and creditors. (Ex. Tuition at a college) 4.) Informational - External env