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A company manufacturing sewing machines set up in 1946, follows formal organisation structure. It is facing lot of problems such as delays in decision-making. As a result it is not able to adapt to the changing business environment. The workforce is also not motivated there is a problem of red-tapism and employees turnover is very high. You advise the company by introducing change in it. They should bring about in the company structure to overcome the problems faced by it. In which sector can the company diversify keeping in mind the declining market for the product the company is manufacturing. |
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Answer» A company manufacturing sewing machines set up in 1946, follows formal organisation structure. It is facing lot of problems such as delays in decision-making. As a result it is not able to adapt to the changing business environment. The workforce is also not motivated there is a problem of red-tapism and employees turnover is very high. You advise the company by introducing change in it. They should bring about in the company structure to overcome the problems faced by it. In which sector can the company diversify keeping in mind the declining market for the product the company is manufacturing. |
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