Evaluation of the business strategy of a chosen company Assignment

Evaluation of the concern strategy of a chosen ships company - Assignment ExampleIn the second wave we can see concepts of standardization and lot product as center of attention of economist and scientist alike. These systems were basically focused on maximizing production and minimizing inputs. These concepts of mass production have their driving force in the massive accession in population all over the last few centuries. With the massive attach in population the only route to success was to increase production and minimize cost. This was basically because technology in genetics was still not advanced, that meant you could not increase production from your raw materials and land many times over. The only control valets had at that indorsement was on machines, therefore they engaged in a massive mechanization of humans and production systems alike. This renewing was not only aimed towards manufacturing but services as tumesce. This affected local shops and small businesse s as they began to work out because they could not compete on price with machine inputs. This revolution was psychological as well as economic people began to look alike, dress alike and think alike. In similar row individuality was slowly becoming obsolete and absent.Over time the second wave began to end as we reached the third wave practices of second wave were slowly abolished. The human society began to revert back to elder practices and customs. One of the biggest signs of this reversion was birth control. Great emphasis was now being laid on property population in check. The concepts of standardization and mass production once again became obsolete. Emphasis was laid on individuality and personality once again. This information wave has triggered a need in each human being to be different from others. Therefore in the present age the concept of small business catering to specific needs is once again in demand.These small businesses in management speculation are usually t ermed SME (Small Medium Enterprise)