General Management

MNCs and even other firms with more restricted operations have responded to these opportunities by expanding their international business swiftly and substantially. It must however be recognised that attempts at international expansion have resulted in significant challenges for internationalising firms in areas of environmental management and cultural and linguistic diversity.

Heightened awareness about corporate governance has in recent years led to the emergence of a number of theories on corporate governance. Corporate governance theory commenced with the agency theory, grew into the stewardship and stakeholder theories, and evolved further into the resource dependency, transaction cost and political theories.

AI is ideal for leadership development because of its utility in enhancement of diagnostic skills, complex simulation, number crunching, talent identification and leader selection.

The concept of business leadership and its role in organisational success continues to be an intensely debated topic in modern day management theory and practice.

The world’s first airline DELAG was established at Frankfurt, Germany in November 1909. It operated airships that were made by The Zeppelin Corporation (Doganis, 2001). This was followed by the setting up of the first fixed-wing airline, i.e. Aircraft Transport and Travel in 1916 in the UK (Doganis, 2001).

The ability of organisations to withstand and survive such crises depends upon their organisational resilience, an attribute that differs from organisation to organisation and is built through the implementation of various strategies and policies in areas like organisational structure, human resource management, funding, reserve creation, innovative ability, operational leanness, and resource utilisation.