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Please answer the following question, thanks! You are the Chief Executive Officer of a large fashion retail company divided into different types of stores, regions,
Please answer the following question, thanks!
You are the Chief Executive Officer of a large fashion retail company divided into different types of stores, regions, an international wholesale operation, and an internet division. How do you want to structure the management of your company? Do you want to make all your decisions from your headquarters in Maxwell Hall on East 45rd Street and why? Do you want to divide the company into its functional areas and delegate responsibility accordingly? Justify your answer. What is the downside if you choose one answer over the other?
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