Answer 1: Strategies for the company to be more competitive
Proper goal setting and right leadership are the two main strategies which the company should have in order to be more competitive. As soon as the management will improve, automatically the company will become strong and more competitive. Leadership is essential for managers, especially with globalization and decentralization of decision-making power of managers in medium and large businesses (Cooke, 2003). Ford Motor Company has autocratic style, which characterized by a high degree of centralization of power head. Autocrat autocratic ...