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Strategic Management and Global Business

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Strategic Management and Global Business
GLOBAL BUSINESS MANAGEMENT2
Global Business Management
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PART 1 INDUSTRY SECTION
Global business management program is a significant field since it prepares individuals to be flexible since they can work as managers of large business firms either in domestic and international organizations. The field covers all the necessary issues in any business that a manager requires. The main areas covered in global business management include; problem solving, strategic planning, teamwork, leadership, teamwork, communications, numeracy, and analytic ability. Individuals who pass through this program learn skills, gain knowledge and experience required to manage human, physical, and financial resources, practical management and complex strategic matters of international and domestic businesses. Global business management is a rich field which offers a wide range of career fields. The first year of the program covers broad fundamental business knowledge and skills field second year deals with advanced strategic and global and international courses that are applied in both domestic and international businesses thus making it global business management program (Tallman, 2009).
Fast food industry is a vast organization that has experienced a continuous growth over the years. Fast foods are food that is prepared and served swiftly. Fast foods are sold in stores or restaurants with precooked ingredients and served to clients in packaged form as take –away. Fast foods are distributed in franchise operations, which are part of restaurant chains, which deliver standardized foodstuffs to every restaurant from central locations. In 2006, the National Restaurant Association estimates that food restaurants in U.S. would reach US $142 billion, a 5% increase from 2005. According to U.S. Bureau of Labor statistics, the industry employs an estimate of 4.1 million U.S. workers are employed either in serving or
GLOBAL BUSINESS MANAGEMENT3
food

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