Required: If you are one of the managers in the senior management of he company, and through your study of the principles of management course 1, how do you deal with each of the three previous reasons with Clarification and explanation?
Required: If you are one of the managers in the senior management of he company, and through your study of the principles of management course 1, how do you deal with each of the three previous reasons with Clarification and explanation?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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The Future Company is considered one of the largest companies in the
Eastern Province of the Kingdom of Saudi Arabia, where the company
works in the field of importing various types of electrical appliances such
as (air conditioners, televisions, refrigerators, washing machines) and the
number of employees in the company is about 1200 in various branches
of the company (administrators, engineers and workers), and the
company was characterized by its outstanding performance and profit
during the past years, but in the last year the senior management noticed
a decrease in profits in general in addition to a decrease in the
performance levels of employees, and accordingly the company decided
to assign a study team to find out the reasons for this decline And
identifying the main reasons that caused the decline in profits and the
decline in performance in the last year, and the study team began to
interview a sample of employees at various job levels in the company to
explore their opinions in an attempt to find out whether there are tangible
reasons on the ground that can be identified and addressed effectively.
And radical.
After completing the study, the team concluded three main reasons that
led to the decline in performance, and they were as follows:
First: There is no clear plan that defines the activities, tasks and
procedures accurately in the various departments of the company.
Second: At the beginning of the year, a number of errors occurred in the
import operations and the delivery of products was delayed, and the
problem was not addressed until the end of the year.
Third: The administration has suspended all bonuses, incentives, and
material and moral rewards for all employees without giving reasons
since the beginning of the year.
Required: If you are one of the managers in the senior management of
the company, and through your study of the principles of management
course 1, how do you deal with each of the three previous reasons with
clarification and explanation?
First: The first reason is the lack of a plan.
Second: The second reason is the occurrence of errors and their
treatment and discovery at the end of the year.
Third: The reason for stopping the incentives and bonuses.
Each reason must be answered separately with clarification and
explanation.
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