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Product development is a continuous activity. It offers the following advantages: Industrial stability Exploitation of market changes Diversification of risk Other benefits. (a) Industrial stability: Changes in technology have not only broadened market for old products but have brought into existence entirely new markets, through the creation of entirely new products. A firm following the […]
A major part of creating an organizational structure depends on the current size of your company, the size that you want to take it to, industry, category, business model, investment/ cash flows, immediate goals, long-term objectives and so on. There is no formula for creating the perfect organizational structure, but here are a few suggestions […]