Read carefully all the short situations given below and answer the given questions. The AstroNews has experienced
Question:
Read carefully all the short situations given below and answer the given questions.
The AstroNews has experienced a decline in the number of subscriptions to its printed newspaper over the last 5 years. It seems people prefer news feeds sent directly to their smartphones than a printed paper delivered to their homes.
a) Which component in the external environment may have caused it? Write in detail.
b) If you think it’s a demographical change, Write down all the detail of its further elements for instance age, gender, family size, etc. And discuss what and how each of them has created a change in the environment. If No, Suggest some other factor/factors.
Its CEO perceives his organization could be more profitable if it could respond to customers more quickly so he has decided to remove some management layers and increase the remaining managers' span of control.
c) Which management function would be considered for this?
d)Write in detail and give reasoning also
He further decided on the installation of the new equipment.
e) Relate all of the above changes (CULTURAL AND ENVIRONMENTAL BOTH) with what you studied in the chapter and briefly discuss it.