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. By creating cross-functional teams that interact with each other and the external market to survive and grow, NexaTech is now treating the organization as a/an:
More Previous year papers Questions
- What does a decrease in the cash conversion cycle indicate?
- Which of the following regulators is NOT mentioned in section 13 of the IFSCA Act’19, whose powers have been granted to the IFSCA?
- How many stages are there in the money laundering process?
- Which of the following correctly differentiates organising from staffing?
- The financial statements of Profit & Loss Statement and Balance Sheet are prepared as per _______
- Which of the following is an example of non-tax revenue for the government?
- Which of the following is classified as a Commercial Real Estate (CRE) exposure?
- What does TPM stand for?
- What is the prospectus used to raise money in an IPO in which the price of the IPO is not disclosed?
- What type of leadership involves a leader who can change the perception, behavior, and expectations of followers and direct them towards a common goal, lea...
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