pre-eminent 3. A company X limited manufacturing cosmetics, which has enjoyed a position in business, has grown in size. Its business was very good till 1991. But after that, new liberalised environment has seen entry of many MNC'S in the sector. With the result the market share of X limited has declined. The company had followed a much centralised business model with Directors and divisional heads making even minor decisions. Before 1991 this business model had served the company very well as consumers had no choice. But now the company is under pressure to reform. a) What organisation structure changes should the company bring about in order to retain its market share? b) How will the changes suggested by you help the firm? Keep in mind the sector in which the company is FMCG.
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- 1. As a company secretary, suggest to the board five (5) circumstances that may lead to the appointment of a director being terminated? 2.Ghana was not long ago in the news as a result of the collapse of some commercial banks. The reasons for the collapse were attributed to weak governance structures among others. There is a new bank which is about to be set up in Accra. As a corporate governance consultant, suggest to the directors five (5) ways in which the application of Corporate Governance Principles will be beneficial for the new bank.Four years back, Giant Organic entered the organic grocery market, and within a few years the company grow its business by having a few subsidiaries. Emphasizing on innovation. Mr. Hanif and three more shareholders have started to experience an exceptional growth of Giant Organic in the global market. Mr. Hanif will call for a meeting to introduce new investors who have a very strong financial background. The investors had an idea to add logistic service into business. Major changes will happen as well as revision in policy and procedure. Giant Organic want to introduce an innovative climate in the workplace. The company has added 150 global dealers throughout the year 2020, all replicating Giant Organic’s business model. The company will consider local staff to be assigned in different countries. Based on the above, answer the following question: Evaluate ONE (1) critical HR practice together with FOUR (4) justifications, that is significant for Giant Organic to successfully…4 What are the key policies, practices, business principles, and procedures that underlie how Howard Schultz and Starbucks’ management implemented and executed the company’s evolving strategy?
- David Whitwam’s timing couldn’t have been worse. Just as the company was planting its feet in international markets, economic turmoil hit Asia and Europe. Whildly fluctuating foreign exchange rates wreaked havoc in Asia, where Whirlpool had participated in several joint ventures. Fortunately, less than 5% of Whirlpool’s sales came from Asia, so the company was not seriously hurt. Still, ongoing global economic woes contributed to Whirlpool’s multimillion dollar losses overseas. The global economic crisis forced Whitwam to fine-tune his expansion plans. Whirlpool dropped one joint venture in China (costing the company 350 million) and rearranged others as weak economic conditions and intense competition drove appliance prices down and sapped profits. “The thing we misjudged was how rapidly Chinese manufactureres could improve their quality,” notes Whitwam. In Brazil, where Whirlpool had long been profitable, a currency crises coupled with inflation worries slowed appliance sales to a…5 Tescos core purpose, values and key performance indicators suggest it takes a stakeholder rather than a shareholder approach. Discuss the relative benefits of such an approach to the company and to its various stakeholders compared to a more traditional shareholder approach.1. Under the POCD framework, this refers to the vision and mission statements of thecompany:a. Peopleb. Contextc. Opportunityd. Deal2. A common mistake of companies in their quest to create competitive advantage is:a. Lack of analysis on wastageb. Overly priced productsc. Lack of systematic business frameworksd. Inability to manage business3. Ethics theoretically speaking is a moral philosophy because:a. It is not biblicalb. It is a personal choicec. It is taught and practiced in societyd. It begins at home4. Understanding the “Toyota Way” in essence is an example of the study in:a. Ethicsb. Professionalismc. Cultured. Strategies5. This is a common knee jerk reaction by companies when they start losing cash:a. Terminate employeesb. Sell assets, regardlessc. Loan and then put the business under collaterald. File for bankruptcy6. The industry is part of the scope of business ethics because:a. It makes or breaks the employeeb. It influences how your organization behavesc. It can reshape…
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