Flexibility in organization Flexibility is becoming a common world in the present world of work.Organisationsfind it essential to be flexible and to make its employees have the same mind set because they believe it can create organisational prosperity in terms of profit and competitive advantage. Fun...
The board of directors has frequently found itself at the mercy of bureaucratic red tape. Concentration of Economic Power- The company form of organisation allows for the concentration of economic power in a small number of individuals or organisations. It makes it simple to fo...
A private company may convert to a public one. Most public organisations began this way. It’s less common for a public limited company to become private. However, it is possible. This situation is usually the result of a bidder takeover....
While increased demand forcontainer shippingservices was not the primary driver of the introduction of mega vessels (in fact, in most cases, the growth in demand has at best been steady and in line with forecasts, except in certain trades or specific cargo types), the fact does remain that ...
All this has compelled organisations to think of ways to make the job they offer interesting. Lots of efforts are made to keep monotony at bay; job enrichment is one of them. It is the process of making a job more interesting, challenging and satisfying for the employees. It can either ...
A corporation grows at a much faster rate and better way compared to other organisations. Since it does not have an issue with the capital, the Board of directors can expand the firm easily. Disadvantages of Corporations Besides the advantages, there are quite a few disadvantages of corporations...
As great as leaflet advertising is, it’s not always suitable for every business, so in this section, we’ll look at some of the disadvantages of leaflet advertising: The junk factor In some cases, recipients may see leaflets as an annoyance to be simply swept up from the doormat and bin...
Advantages of licensing: The ability to enter several foreign markets simultaneously by using several licensees or one licensee with access to a regional market, for example the European Union. Enter market with high trade barriers. It is a non-equity mode, therefore licensor make profit quickly ...
The owners of the departmental stores cannot make personal contact with the customers. The sales are made by the employees who may not care for the customers’ satisfaction. (vi) Lack of Co-ordination: There is a tendency of developing unhealthy competition between the departments. The control ...
interest in the study of theforcesthat impact a company via the usage of competitiveadvantage.Porteris a recognized leader in competitive analysis elaboration‚ who has elaboratedfiveforcestheory‚ which states that competitiveadvantagecomes from the ability to gain profit via investment in an industr...