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Why do organizations often fail? Select tw o reasons given below that resonate with u and provide ur insight as to why failure to do
Why do organizations often fail?Select tw o reasons given below that resonate with u and provide ur insight as to why failure to do these activities willlead to organizational failure.
- Neglecting operations strategy
- Unable to manage WASTE out of the business
- Failing to take advantage of strengths and opportunities and/or failing to recognize competitive threats
- Insufficient controlson key cost items(Inventory; Logistics; Indirect)
- Failing to establish good internal communications and cooperation
- Failing to consider customer wants and needs (Price, Quality, Availability, Convenience)
- Neglecting investments in capital and people
- Not recognizing disruptors and taking advantage
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