How globalization, technology, innovation, diversity and ethics

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The response addresses the queries posted in 744 words with references.
//Prior to discuss the different factors related to the Company or any Organization; it is better to understand the different processes found in its organizational process, itself. In this series, in the first section of the discussion, I have included the introduction of the business process of Microsoft Corporation.//

Microsoft Corporation

Management is a universal concept since its principles and techniques are extended across the world, irrespective of their level of development. Management aims at the development of the people. The basic objective of the management is to make the growing complexities - simple and render solutions to it so that a participative or an interactive approach of management can be followed. The role of the management is to give effective leadership, encourage the concept of work team, set in motion bilateral and multilateral channels of communication. It also ensures commitment and contribution from its people through an appropriate system of financial and non-financial incentives.

The four functions of management are planning, organizing, leading and controlling. These are considered as the vital ingredients of any organization and are essential. These four essential roles of management influence the on-going process of an organization. To describe these functions - Planning can be explained as the designing of policies and procedures, whether aimed for diversifying the business or extending its existing capacities or restructuring its divisions. Organizing can be referred as the management of resources - material and immaterial. ...