Market governmnet and orgainzations Article Example | Topics and Well Written Essays - 500 words

mart governmnet and orgainzations - Article ExampleThe companys display panel of directors conclusiveness to fire the CEO was not prudential since it led to the disintegrating of the entire instrument panel team. Merging with another firm and coming up with unique serve would an ideal way out for the beta corp. company.The root approach is quite pragmatic. The governments decision to find the company afloat is important in ensuring that all the obligations of the company are met. In the offspring f failure to meet such obligations, normally, the citizens that had subscribed to the insurance scheme would suffer losses. This would increase leading to depreciation in the economic growth, as the citizens would be struggling to bear the loss of insurance investment.The merge liberal theoretical dimension also offers a good perspective of the situation. The government needs to keep the company afloat to ensure that all the company obligations are met. However, on the same note, th e company ought to personate in place a good and compete team of board of governors to oversee the management touch on of the company. Firing of the companys CEO may not have been a prudent idea, except it offered a perfect chance for the government to appoint new members into the team of the board of directors. Such a team would develop a strategy to efficiently maintain the company and keep things working perfectly. match to this perspective, the board of directors appointed for this company ought to competent and capable of critically analyzing a situation in place. The board members should be people with experience and skills on the management of companies of this nature. The members should be professionals capable of making independent decisions.Ideally, the board must fulfill its primary role of strategic planning for the company. Such plans should be made on long term basis, and should be aimed at uplifting the company and making it emerge among the topmost companies.The r adical approach may also adopt a