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Exam (elaborations)

Task 1: NNM1 – Market Entry Overview Course Code: C714 Date: October 11, 2021/2022

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Task 1: NNM1 – Market Entry Overview Course Code: C714 Date: October 11, 2021/2022 This study source was downloaded by from CourseH on :05:12 GMT -05:00 A1. The company culture at the boat manufacture brings the employees, managers, and board members together on the same level. Employees and managers are encouraged to participate in collaboration, decision-making and problem solving. Continuous innovation is highly encouraged in the marketplace, so much so that the company provides incentives for their innovative ideas. Since the organizational structure is a decentralized culture, employees feel a sense of importance. Business owners and managers can delegate the burden of daily business activities to employees so managers are free to spend time on the big picture. (Joseph, Chris 2019) Including the input of employees will make them feel empowered, feel like they are part of a team, and could also provide innovative ideas. This type of structure provides quicker answers during a decision-making process by allowing all employees to have a say. The mission statement for the boat manufacture, “we will provide the most innovative customerdriven design and growth in the industry”, immediately tells you what the company is about. Their vision statement state’s “we will be the most sustainable company in the industry.” The company’s strateg

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