Index IntroductionCompetitionNetwork and SecurityBig Data AnalyticsCorporate Social ResponsibilityConclusionReferences:IntroductionAn organization is managed by various complex inter-company processes that take place simultaneously. The processes also keep changing over time, which poses many problems in the organization. These intercompany processes are a driver of economic evolution and represent a critical managerial challenge for individuals and companies involved in the business. Managerial challenges are the bottlenecks that managers and administrators of an organization face while managing the organization. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay (Abrahamsen, M., Håkansson, H., 2012) As is known, managerial challenges are usually of 2 types: internal, environmental and external environmental challenges. Internal environmental challenges consist of challenges such as employee motivation, operational process, supply chain management while external environmental challenges consist of challenges that are faced at macro level by all competitors such as political, environmental, legal, social, economic, technological (PESTEL). Competition and security network. The world is globalized and this leads to increasing competition. The organization must analyze its performance not only financially but also technologically to keep up with customer demand. With the advancement of information technology (IT), it has been able to transform the capabilities of organizations and industries into competitive advantages. The issue of companies investing in IT has received increasing attention in recent years. (Tang, C.-P., Huang, T.C.-K. & Wang, S.-T., 2018) With time, the organization grows and expands and therefore efficient functioning is one of the most crucial challenges that organizations managers have to face. The Internet of Things (IOT) is the network of various devices within an organization, which leads to safe, secure and correct functioning by keeping all parts and people of the organization connected.Big Data AnalyticsAccording to Tan, KH (2018), companies usually use data analytics to accurately understand the changing environment, which will influence the company's competitive position and the identification of new business opportunities. As mentioned in Ahmed et al (2017), the three main types of analytics, namely descriptive analytics, predictive analytics and prescriptive analytics. Descriptive analytics refers to what has already happened, predictive analytics refers to what is likely to happen next, and prescriptive analytics indicates what should be done to achieve more optimal solutions. Big data analytics has ultimately become the central element for differentiating organizations' skills, productivity and new business opportunities. Corporate Social Responsibility Organizations currently believe that “the customer is king.” It is important and positive that organizations have started to believe that they have to give back to society, customers and the environment everything they have taken from the world. Austin, 2000; Pirsch et al., 2007; Varadarajan and Menon, 1998, classified corporate social responsibility (CSR) activities into three broad categories based on the company's strategic objectives: philanthropic (a donor-recipient nature), promotional (enhancing relationship exchanges mutually advantageous) and value creation (integrated into the company mission and core business agenda). Please note: this is just an example. Get a custom paper from our expert writers now. Get a Custom Essay Conclusion These new types of businesses, 12(3), 354-368.