In: Operations Management
In the organization, there are various forms of senior corporate executives’ computation options. Role and responsibilities of employees differ from each other so we can found various advantages and disadvantages of these forms in the organization.
ADVANTAGES
1. Senior corporate executives help the organization in best strategy management.
2. Organization can prepare best future strategies for the growth and development of the company.
3. Listed company get various advantages related to the market reach and advertisement.
4. Working culture of the employees in the organization increases.
5. It helps the organization in maintaining balance sheet of the company.
DISADVANTAGES
1. Sometimes uncertainty of future can create disadvantage for the company.
2. Strategies of the competitors can affect the organization in various ways.
3. Change in the market conditions can be treated as one of the biggest disadvantage for the organization.
4. Change in the environmental conditions can create disadvantage for the company.