(a) "Asea Brown Boveri (ABB) is often cited in surveys as company managers most admired despite its size and organized subsidiaries numbering over 1,000 units".
Discuss and explain why such a large organization has managed to succeed in terms of focus and profitability.
(15 marks)
(b)"Some years ago, an American firm saw a sudden surge in demand for its line product which was relatively cheap to produce. The manufacturers expanded operations rapidly, but by next year, demand declined significantly". Explain
(15 marks)

Answer rating: 100% (QA)

The detailed answer for the above question is provided below A Asea Brown Boveri ABB has been succes... View the full answer