A company X limited manufacturing comsetics, which has enjoyed a pre-eminent position in business, has grown in size. Its business was very good till 1991. But after that, new liberalised environment has seen entry of many MNC’s in the sector.
With the result the market share of X limited has declined. The company had followed a very centralised business model with directors and divisional heads making even minor decisions. Before 1991, this business model had served the company very well as consumers has no choice.
Question:-
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What organisation structure changes should the company bring about in order to retain its market share?
How will the changes suggested by you help the firm?
Answers
Answered by
10
hey!!
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Answer:-
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The company X Ltd is working in a centralised way which is not giving much more time to the experts and directors to think and study of better policies strategies to handle the changes in the changing environments.
- The company should get decentralised so that the routine type of work involving minor decisions can be looked after by the lower levels.
- This will give save more time for the directors and divisional managers to plan and study against strategies to fight with competition.
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hope it will help u!!
Answered by
2
Explanation:
: It is determined that organizational structurecannot be changed quickly. It involves more time and the top-level managers are required
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