- Subject index
The Handbook of 21st Century Management provides authoritative insight into the key issues for students in college or corporate courses with a particular emphasis on the current structure of the topic in the literature, key threads of discussion and research on the topic, and emerging trends. This resource is useful in structuring exciting and meaningful papers and presentations and assists readers in deciding on management areas to take elective coursework in or to orient themselves towards for a career. Indeed, familiarity with many of the topics in this Handbook would be very useful in job interviews for positions in business.
Chapter 20: Internationally Managing in the Face of Terrorism-Induced Uncertainty
Businesses can usually strike bargains based on financial calculations. War and terrorism create new uncertainties that confound ordinary calculations and may deter global commitments. (Samuelson, 2003, p. 41)
With the upsurge in organized, international terrorism, frameworks and tools are needed to help understand the dynamics of this phenomenon and how it affects management decision making in the 21st century. Knowledge of the new political economy, in which terrorism operates, and the manner in which space and time are experienced by managers, are vitally important, as is an understanding that the risks and uncertainties associated with terrorism are not one and the same. Risks can be calculated, whereas true uncertainty defies calculation ...