Question
QUESTION TWO Markon Ltd is a company located in Athi River and has been in existence for twenty years. It started as a small company
QUESTION TWO
Markon Ltd is a company located in Athi River and has been in existence for twenty years. It
started as a small company producing jeans for the local market but over the years, it has
diversified and manufactures all types of clothes for both local and export market. The growth of
the company means that a lot of changes have had to be made to ensure that it stays
competitive. The company started as a family business with only with 10 employees, but twenty
years down the line, it has 500 employees who are from different generations, race and gender
to cater for the different customers it serves across the world. The management practices have
changed and the older managers who were mostly family members need to be replaced with
professionals in order to cope with the current changes in the business environment.
Required
a) Evaluate by use of examples from the case study some practices that this organizations
should adopt to meet employee needs. [7 marks]
b) The directors of this company would like to evaluate the performance of Markon Ltd in the year
2019. Show how the Balanced Score card can be used for this purpose.
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