Target's Seven Challenges

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Recommended: Chapter 2Chapter 2 Diversity in Organizations

There are seven challenges required to be an exceptional manager (Kinick & Williams, 2013). Currently, Target is seeking solutions to combat online competitor sales and can benefit greatly from six of the seven challenges. These six challenges include managing for competitive advantage, diversity, globalization, information technology, and ethical standards.

First, managing for competitive advantage over rival businesses will allow Target to efficiently respond to customer’s demands new innovations and quality products and services (Kinick & Williams, 2013). It is important for Target to focus on the needs of customers because, the customers are the reason any business exists. Also, customers are attracted to better services and products that they can acquire efficiently.

Second, being able to manage for diversity is an organizations ability to maximize the contributions of employees regardless of age, gender, race, or ethnicity (Kinick & Williams, 2013). Due to the present diverse age, gender, race and ethnicity in the population and the expected increase in the diverse population, any business’s management should be flexible and should monopolize the use of diverse employees to strengthen the organization. Target can benefit by managing for diversity and realizing that just …show more content…

According to the U.S. Department of Commerce, e-commerce or online shopping has increased consistently from the year 2004 to 2014 (Bucchioni, P., Liu, X., & Weidenhamer, D., 2015). Individuals are successful finding items that suit their needs online and Target will benefit by implementing a plan for online shopper to secure some of the cash flow being

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