QUESTION FOUR (20 Marks) The environment of todays organizations has changed a great deal, requiring organizations to adopt a new paradigm, or view on the world, to be more sensitive, flexible and adaptable to the demands and expectations of stakeholder demand. As a result, many organizations have abandoned or are abandoning the traditional top-down, rigid and hierarchical structures to more organic and fluid forms. Critically analyse the differences between old and new management philosophies.