Answered step by step
Verified Expert Solution
Question
1 Approved Answer
2.1. Organisation X has experienced a decline in its revenue and profit growth over the past two years. The organisation diversified into three product lines
2.1. Organisation X has experienced a decline in its revenue and profit growth over the past two years. The organisation diversified into three product lines during the past year. Huge investments were made to develop the new products. Give organisation X advice on how to recover its profitability and how they can create value. (10) 2.2. An organisation experiencing declining profitability wishes to remain a competitor in a declining industry. What might be the reasons for this organisation to remain a competitor in this industry? (10) 2.3. Organisation XYZ got into some difficulties. The reasons for this were as follows: it was more concerned with sales than cash; it was not innovative enough; management did not really analyse the implications of large customers who did business with the company; the manager always thought he knew best and did not accept outside views and advice; and there was not a learning and sharing culture in the organisation. What would your recommendations for this organisation be
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started