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How The Management Teams Should Be Given Power Limitations On Their Decision Choices For Their Employees

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have been due to poor direction on the job parameters, or managers that have grown accustomed to making decisions that are out of their realm of expertise. This negligence has led to a high turnover of employees in many departments. The writer will refer to the five philosophical principles to determine how the management teams should be given power limitations on their decision choices for their employees. Economic Analysis for Managers Managers must perform an economic analysis of the industry to confirm how HR departments are operated with the competitions companies. The writer reviewed an article by Schmidt that provided data on the courier service industry. The data will be used to review the economic growth of the industry and its impact on the selected company. Schmidt’s article provides the writer with information on key players, products and services, and economic growth in the package delivery industry (Schmidt, 2015). The impact of E-commerce in this industry is discussed as a variable that is changing the path of the industry (Schmidt, 2015). This will allow the writer to review the labor force needed for global expansion and include the date in economic growth projections. Knowledge about the key players in the industry will allow the writer to assess the competition in detail; to understand the scope of the industry as it applies to the selected company. Schmidt addresses the market share and how it is divided up among the top three competitors in

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