FILE TOOLS VIEW PROTECTED VIEW Be careful files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. 8 Assignment 2-Case Study 2 Downsizing in a Company. A manufacturing organization which has two plants, a corporate head office and five sales offices at different locations in the country, is embarked on a capacity reduction strategy. It is planning to halve its production in the next two years, shutting down one plant and two sales offices. The reduction is taking place because the market is being captured by a competitor who has introduced a new manufacturing technology. The competitor's technology can design and produce products that have better features and performance characteristics demanded by consurners. This reduction will reduce sales by 39% and profits by 60%. On an overall basis, the company's manpower is being reduced by 58%. A new CEO is being appointed by the company who has been assigned the task of turning around the company by reducing costs and penetrating a new market in a neighboring country where there is still a demand for the company's products. The company will open a new sales office in the neighboring country. Given the reduction strategy of the company, 1. What should be the five main corporate goals of the company? 2. Propose an organization chart for the company after reduction and explain the main objectives of each of the following departments: HR, Marketing, Production and Supply Chain. 3. The company wants to right size. What strategy should the company adopt for downsizing? Which departments would be most affected by the downsizing and why? SCREENS 1-2 OF 2 Assignment 2-Case Study 2 - Gp 2 (6) (1) (Protected View) - Word Enable Editing Type here to search. 4. An intensive orientation and socialization program must be implemented to induct the new CEO. Describe the process that should be followed in designing this program. 5. Make a Flow Diagram or a Gantt Chart incorporating the steps mentioned in (3) and (4) above. Please give detailed assumptions, reasons, and justifications for your answers. Apply the concepts, processes and practices taught in the course. Write at least 5 pages. Upload a Word document in Moodle before the deadline. The Gantt chart could be uploaded as an Excel document. Lale submissions will be penalized. Resubmissions are not allowed. Weight 15% Rubrics-see Rubrics section in Moodle W3 End of document. Windows Update Restart to install Windows 11 With a new look and new features, it will take a little while to install. Not ready? Pick a time or restart tonight. A Pick a time C Hestart tonight XX 20C Partly cloudy40) Restart now 7:22 PM 7/8/2022 E