Back to Assignment

Attempts

Average $/1$

$6.$ Competitive Advantage Through People

Imagine you are a world$-$renowned management consultant. Teddy $K_{,},$ the owner of a sports magazine conglomerate contacts you and asks for your advice about some changes proposed by his management team. Which of the following changes are likely to give Teddy K$.\text{'}$s company a competitive edge? Check all that apply.

Tell employees that they will not be fired without cause and that the organization will not lay off workers to cut costs.

Decentralize the organization and give additional authority to the employees who are closest to the customer.

Hire a consulting firm to identify the areas of the company that are least profitable and lay off all of the workers in those areas.

Offer performance bonuses to the executives with the highest profitability in their divisions.