Question
NexaTech Solutions began as a highly centralized firm where every decision required approval from the top-tier executives. The company followed a strict chain of command, with clear departmental boundaries and a "one best way" approach to every process. However, as the software industry became more volatile and competitive, this rigid structure led to delays and missed opportunities. In response, the CEO transitioned the company into a decentralized model. They removed several layers of middle management and created cross-functional teams that operate like mini-startups within the company. These teams are given the autonomy to adapt their strategies based on the specific market conditions they face. The CEO now believes that the "perfect" structure for the company depends entirely on the external technological environment and the complexity of the tasks at hand. The transition from a rigid, rule-bound structure to a flexible, team-based structure represents a shift from a/an ______ organization to a/an ______ organization.
More Previous year papers Questions
- As per the Social Stock Exchange Framework issued by SEBI, NPOs may not raise funds from which of the following?
- A subset of Just-In-Time (JIT) and Lean System is:
- A company has an interest coverage ratio of 0.8 and negative operating cash flows for 2 years. What is the likely impact on its credit rating?
- With reference to Balance of Payments (BoP), consider the following statements: A. Balance of Payments follows the double entry system, wherein receipts a...
- In light of COVID-19, RBI has allowed a moratorium for how many months to borrowers from March 01, 2020?
- World economic outlook predicts global slowdown in 2023 because of -
- The aggregate cash flows arising from obtaining or losing control of subsidiaries or other businesses should be classified as:
- Standard costing is based on which of the following?
- If a company reports a DSCR of 2.5, which of the following reflects the correct interpretation?
- Under Ind AS 116, lessee recognizes Right-of-Use Asset and Lease Liability except for:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt