1. In the event that an entity’s records reflect a slowing down of performance in terms...

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General Management

1. In the event that an entity’s records reflect aslowing down of performance in terms of profitability, whatstrategies can be best adopted to produce immediate results?
2. What kind of management does a company need inorder to thrive in the changing business environment? Whichmanagement style is the most appropriate? Which style is the leastappropriate? Why?
3. Describe a bottleneck situation in the organizationas experienced during the Quarantine period due to the COVID19Pandemic. How was this situation resolved? Do you agree with theway the management have handled the situation? (explain youranswer)
4. If you were the middle manager of a certainmanufacturing company, how will your company be benefited oraffected if you base your strategies on the following statement"you don't produce anything, anywhere, for anybody, unless they askfor it somewhere downstream. Inventories are the evil that we'retaught to avoid.

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Answers to all four questions Question 1 The immediate measure that needs to be taken is to reduce the fixed expenses and costcutting measures wherever possible should be initiated Question 2 If the business is the environment is changing very frequently then more ideas will have to be generated in order to thrive and See Answer

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