The Company is experiencing an increase in competition, and at the same time the

Question

The Company is experiencing an increase in competition, and at the same time they are building more production facilities in Southeast Asia. In this scenario, the top management team is most likely to

Question 6 options:

give lower-level managers the authority to make decisions to benefit the firm.

pull decision-making responsibility from low-level management, taking it on themselves.

restructure to reflect a more bureaucratic, stable organization.

rid themselves of all buffering product.

increase the cost of their products.

Save

give lower-level managers the authority to make decisions to benefit the firm.

pull decision-making responsibility from low-level management, taking it on themselves.

restructure to reflect a more bureaucratic, stable organization.

rid themselves of all buffering product.

increase the cost of their products.

Explanation / Answer

the top management team is most likely to give lower-level managers the authority to make decisions to benefit the firm because from the question it is evident that we are talking about an MNC which has businesses spread throughout the world.

Since this question discusses specifically about the Southeast Asian markets, the growing competition demands quick decision making and knowledge about the local market which can only be acquired by being in that market.

The top management must be sitting in the home country and Southeast Asian market seems to be a host country thus the top level management would not be in a position to understand the market completely and take quick decisions thus the option stated above seems to be the best one amongst all.

Related Questions

Navigate

• Browse (All)
• Browse T
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.