Company X conducts the Annual Board Meeting for the Directors and shows them the Annual Report....

Company X conducts the Annual Board Meeting for the Directors and shows them the Annual Report. During the evaluation of report some issues were identified, in initial 3 years company shows profitability but did not grow as expected. If the following are the identified problems then what are the major organizational challenges the company is facing? Elaborate in your own words with proper justification.

Expert Solution

The major problem the company is facing are as follows-

A.company is not having a competitive advantage into the overall industry so it is not able to generate a higher profit margin.

B.company does not have a price control and it is also not having a unique product into the market so the overall profit margins are not enough to keep up with the growth

C. it can be seen that the company is trying to enter into the maturity stage, and it is not able to maintain the similarity of its growth stage

D. There would be technology related problems with the company because its technology may be outdated and it is not able to adapt to the newest technology and the sophistication in the world

E.There would have been resistance to the changes on the part of the employees of the company and they would not have lead the company in order to implement various challenges.

F. The company would not have been focused on aggressive strategies and it has gone into stable organisational growth.

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