Star Ltd opened a new branch in Kochi. Which of the following organisational objective is being fulfilled
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Star Itd opened a new branch in 1 point kochi. Which of the following organisational objective is being fulfilled. O Profit..
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The expansion organisation objective is being fulfilled.
- Expansion is very important for any business enterprise in order to gain a competitive advantage and have a great influence in the market.
- It also attracts new customers and helps to create a strong and elaborated database of customers.
- However, it also has certain cons attached to it.
- Expansion requires a lot of capital.
- It also leads to a loss of complete control for a small business because one has to delegate the authorities.
- It may also lead to the loss of reputation because the quality might be compromised.
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