Top answers
Business Studies
All levels
What is Porters Five Forces?
Porter's Five Forces is a theory made by Mr. Porter and it assumes that there are five important forces that determine competitive power in a business situation.
Supplier Power:
What is Charles Handy’s Shamrock Organization and how does it increase flexibility in the workforce?
Charles Handy’s Shamrock model advises a business to have three types of workers:
1. Core workers: full time, permanent staff, may be managers/professionals, central production staff
What are the benefits and limitations of a Matrix Structure in businesses?
Benefits
+ Efficient information exchange: departments work closely together and communicate with each other to solve issues = enhances productivity and allows quick decision making
