Q.No. 2

Maximum 400 words answer

Max Marks 05

You are the CEO of a large scale organization which is a conglomerate of seven businesses. One of these seven businesses was a cement manufacturing unit. The business unit has 4 manufacturing facilities and was facing financial loses upto the extent where it was facing the threat of closure. However, instead of deciding to close the business unit, you decided to change the GM of the unit. Unfortunately, soon after the appointment of new GM, one of the manufacturing facilities of the said business unit got severely damaged due to a 7.6 magnitude earthquake that killed over 80,000 people throughout the country. However, one year after appointing the new GM, you have found that the business has started to grow and financial statements are showing net profit amounting to 28 million rupees. What do you think, how does the new GM has managed to convert this poor performing business unit into a profit earning entity?