Management Theory and Practice Term Paper by ResearchRiter

Management Theory and Practice
A look at management theory and practice in the oil industry, specifically with regards to change in the Petroleos Mexicanos (PEMEX) company.
# 121507 | 1,000 words | 6 sources | MLA | 2008 | US
Published on Dec 01, 2008 in Business (Management)

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The paper uses examples from the oil industry to demonstrate how management theory may or may not work in the real world. The paper discusses the difficulties inherent in implementing change.

From the Paper:

"One of the most difficult tasks faced by organizations is implementing change. If the change is seen as only a temporary measure, employees are not likely to embrace it. If the change is not presented in such a way that stakeholders see the benefit, there is likely to be strong resistance. If the change drastically alters the way that the organization conducts business, the change may also fail in the long-term. Because..."

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