Question

We live in a complex and sophisticated world where competitiveness and sustainability have become critical issues and are a priority among the agendas of private and public organizations. How the organization today’s address these issues? Discuss.  

Answer 1

Today's World is full of challenges and competitions.So the Public and Private organisations address the issues in the following ways----

1) Focus on quality-----The quality of the products and services must be assured under strict supervision.

2) Joint Ventures-----In order to avoid competitions, the organisations join hands with other organisation mutually so that they can reap the benefits of capital.

3) Proper Control----- Proper controlling in the Organisation must be done to grow and avoid competitions.

4) Proper Planning---- It is important to properly plan and also execute their strategies.

Thus, in the following ways Public and Private Organisations try to address and tackle the problems of Sustainability and Competitiveness.