Hard factors for business managers of a company

What are the hard factors for business managers of a company?

E

Expert

Verified

The bigger the number of businesses a company is in and the more diverse which businesses are, the harder it is for business managers to:

i. Stay abreast of what is occurrence in each subsidiary and each industry and thus judge whether a particular business has bright scenario or is headed for problem.

ii. Know enough about the issues and difficulties facing each subsidiary to pick business-unit heads having the requisite mixture of managerial knowledge and skills.

iii. Be able to notify the difference between those strategic offers of business-unit managers that are careful and those that are risky or improbable to succeed.

iv. Recognize what to do if a business unit staggers and its outcomes unexpectedly head downhill.

   Related Questions in Other Management

©TutorsGlobe All rights reserved 2022-2023.