An industrial air-conditioner manufacturing giant decides to outsource its operations to a new geographical location with cheaper labor amidst ongoing labor strikes in a few of its existing locations (due to proposed job cuts and relocation of the plant offshore). This draws criticism in its home market and affects its current market position and productivity. Which of the following would be an appropriate reactive (emergent) strategy while moving forward?
Correct Answer:
Cancelling of the job cutting in organization till the market situation and company operations stabilize in the market
Explanation:
The above mentioned strategy, will help calm the people working and their suitable counselling, moving forward, will help improve the morale and people will come back to work with normal productivity level.
An industrial air-conditioner manufacturing giant decides to outsource its operations to a new geographical location with...