1.

A company manufacturing sewing machines, set-up in 1945 by the British promoters, follows formal organisation culture in totality. It is facing a lot of problems in delays in decision-making. As the result, it is not able to adapt to changing business environment. The workforce is also not motivated since they can not vent their grievances except through formal channels, which involve red tapes. Employee turnover is high. Its market share is also declining due to changed circumstances and the business environment. Give reasons in terms of benefits, it will derive from the changes suggested by you. In which sectors can the company diversify, keeping in mind the declining market for the product that the company is manufacturing?

Answer»

A company manufacturing sewing machines, set-up in 1945 by the British promoters, follows formal organisation culture in totality. It is facing a lot of problems in delays in decision-making. As the result, it is not able to adapt to changing business environment.

The workforce is also not motivated since they can not vent their grievances except through formal channels, which involve red tapes. Employee turnover is high. Its market share is also declining due to changed circumstances and the business environment.

Give reasons in terms of benefits, it will derive from the changes suggested by you. In which sectors can the company diversify, keeping in mind the declining market for the product that the company is manufacturing?



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