Final answer:
Today's business environment is characterized by shifts from manufacturing to service industries, the impact of globalization and technological advancements creating a global market, and the trend towards team-based organizational structures, all taking place within a heavily regulated and scrutinized context.
Step-by-step explanation:
In today's business environment, a myriad of changes has become typical. One of the significant changes is the shift from manufacturing to service industries, greatly affecting employment patterns and company strategies. Another critical change is the impact of globalization, which, coupled with advancements in technology, has resulted in increased competition from foreign producers and a broadened consumer market. The advent of the internet has particularly revolutionized how businesses operate, with business-to-business websites proliferating and enabling global transactions. Furthermore, there has been a noted decrease in unionization as a result of enhanced workplace protection laws.
These changes have compelled businesses to adapt by restructuring their organizations. Increasingly, companies are leaning towards team-based structures that amalgamate diverse skills and expertise, contrasting the traditional individual-centric frameworks. However, it's important to note that this shift to teamwork does not always guarantee increased productivity, but it is an evolving area of research. Lastly, today's businesses must navigate an environment filled with regulations and scrutiny regarding their practices and consumer interactions, which is far more stringent than a century ago. All these factors combined define what is typical in today's business environment.