managemant Management Past Structure attach and Spencer used to be integrated under a Functional or U-Form shaft of light diagram which works by breaking the follow into departments the like operations, marketing, finance, charitable resources, and research and development. This design works well with littler companies barely with bigger companies there is too much instruction for the bill manager to handle and deal with. This is exactly what happened to Marks and Spencer. In 1991, Sir Richard Greenbury took over Marks and Spencer for seven years and structured the company to fit the Functional design.
He made the company truly aristocratic and rigid where by “Head seat knows vanquish” (The Economist). This created an atmosphere where by the company focused on their products alternatively of focusing on their customers. Although Marks and Spencer grew and made enormous moolah within this time, in 1998 their profits fell very promptly and sharply. Marks and Spencer closed a chain of store...If you fatality to tug a full essay, order it on our website:
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