pre-eminent3. A company X limited manufacturing cosmetics, which has enjoyed aposition in business, has grown in size. Its business was very good till 1991. But after that, newliberalised environment has seen entry of many MNC'S in the sector. With the result the marketshare of X limited has declined. The company had followed a much centralised business modelwith Directors and divisional heads making even minor decisions. Before 1991 this businessmodel had served the company very well as consumers had no choice. But now the company isunder pressure to reform.a) What organisation structure changes should the company bring about in order to retain itsmarket share?b) How will the changes suggested by you help the firm? Keep in mind the sector in which thecompany is FMCG.

An organizational structure is a system that specifies how specific activities are carried out in…

Answered: pre-eminent 3. A company X limited…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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