Managers may have to face many challenges in the years to come in doing their job. The following list of the challenges the manager has to face:
- Increasing opportunities as a result of all round globalization, privatization and liberalization.
- The changing the life styles and changing the values.
- More expectation of costumers and employee in particular and society etc.
- Depleting financial and non – financial.
- Change in the advantages.
- Bottleness in the basic infrastructure