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Read the following case-let and choose the best alternative for the questions that follow.
Ajay was thinking deeply about a problem that his organization, a business consulting company, faced. Globalization had affected his company like many other companies. Despite the downturn, the current revenues remained healthy. However, Ajay knew it was inevitable that the company could not do business the same way. The complexity of managing the business had increased with time. Consultants were under pressure to deliver good and innovative solutions. The organization had consultants from different age groups having a good mix of domain and industry expertise. It was a flat organization with three levels. The biggest challenge for Ajay was to have consultants with latest knowledge who would also earn revenues. Getting additional business was a challenge as all the consultants were busy and it was very difficult to hire new consultants.
Ajay was to retire in five years and he wanted to leave behind a legacy. Order the following activities, from the most important to the least important, that Ajay should undertake in next five year:
1. Do nothing.
2. Set a future direction for the organization in these challenging times.
3. Benchmark performance with respect to the best consulting company in industry.
4. Empower senior consultants and at the same time seek opinion of all others for handling future challenges.
5. Infuse fresh thinking by hiring outsiders.
Choose the best option from the following sequences
  • a)
    1, 2, 3, 4
  • b)
    2, 3, 4, 5
  • c)
    3, 4, 2, 1
  • d)
    2, 5, 3, 1
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Read the following case-let and choose the best alternative for the q...
Explanation:

Setting a future direction for the organization in these challenging times
- This is the most important activity for Ajay to undertake. Given the challenges of globalization and the increasing complexity of managing the business, it is crucial for Ajay to set a clear vision and direction for the organization to navigate through these turbulent times.

Benchmarking performance with respect to the best consulting company in the industry
- Benchmarking performance is essential to understand where the organization stands in comparison to its competitors. This will help Ajay identify areas of improvement and focus on enhancing the organization's performance.

Empowering senior consultants and seeking opinions of all others for handling future challenges
- Empowering senior consultants and involving all employees in handling future challenges is important for creating a collaborative and inclusive work environment. This will also ensure that the organization benefits from the diverse expertise and perspectives of its employees.

Infusing fresh thinking by hiring outsiders
- While hiring outsiders can bring in new perspectives and ideas, it is ranked last in this sequence as it is important to first establish a clear direction, benchmark performance, and empower existing employees before bringing in new talent.
Therefore, the correct order of activities for Ajay to undertake in the next five years is 2, 3, 4, 5.
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Community Answer
Read the following case-let and choose the best alternative for the q...
Statement 1 as a course of action is out of question, given that Ajay has been mentioned as being concerned about the well-being of his company. Eliminate options 1, 3 and 4.
The only difference between options 2 is that option 2 gives benchmarking the performance of the company with the best in the industry priority, while does not. Given that Ajay wants to set the situation straight within the next five years, statement3 should be one of his first priorities.
Hence, the correct answer is option 2.
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Read the following case-let and choose the best alternative for the questions that follow.Ajay was thinking deeply about a problem that his organization, a business consulting company, faced. Globalization had affected his company like many other companies. Despite the downturn, the current revenues remained healthy. However, Ajay knew it was inevitable that the company could not do business the same way. The complexity of managing the business had increased with time. Consultants were under pressure to deliver good and innovative solutions. The organization had consultants from different age groups having a good mix of domain and industry expertise. It was a flat organization with three levels. The biggest challenge for Ajay was to have consultants with latest knowledge who would also earn revenues. Getting additional business was a challenge as all the consultants were busy and it was very difficult to hire new consultants.Some of the consultants were adept at apply in gold solutions to new problems. Ajay was not very sure if this would work for long. Some of the clients had complained about the performance of old and reputed consultants. Ajay was mulling over the following five solutions to tackle this problem.1. Decrease time spent on client interaction and increase time spent for generating solutions.2. Increase support staff to help consultants to remain updated.3. Decrease the number of simultaneous projects handled by consultants.4. Make it compulsory for consultants to work on inter-industry and inter-domain problems.5. Recruit more consultants.Which of the following would be the best sequence of decisions taken by Ajay (starting from immediate to distant)?

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Read the following case-let and choose the best alternative for the questions that follow.Ajay was thinking deeply about a problem that his organization, a business consulting company, faced. Globalization had affected his company like many other companies. Despite the downturn, the current revenues remained healthy. However, Ajay knew it was inevitable that the company could not do business the same way. The complexity of managing the business had increased with time. Consultants were under pressure to deliver good and innovative solutions. The organization had consultants from different age groups having a good mix of domain and industry expertise. It was a flat organization with three levels. The biggest challenge for Ajay was to have consultants with latest knowledge who would also earn revenues. Getting additional business was a challenge as all the consultants were busy and it was very difficult to hire new consultants.Ajay was to retire in five years and he wanted to leave behind a legacy. Order the following activities, from the most important to the least important, that Ajay should undertake in next five year:1. Do nothing.2. Set a future direction for the organization in these challenging times.3. Benchmark performance with respect to the best consulting company in industry.4. Empower senior consultants and at the same time seek opinion of all others for handling future challenges.5. Infuse fresh thinking by hiring outsiders.Choose the best option from the following sequencesa)1, 2, 3, 4b)2, 3, 4, 5c)3, 4, 2, 1d)2, 5, 3, 1Correct answer is option 'B'. Can you explain this answer?
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Read the following case-let and choose the best alternative for the questions that follow.Ajay was thinking deeply about a problem that his organization, a business consulting company, faced. Globalization had affected his company like many other companies. Despite the downturn, the current revenues remained healthy. However, Ajay knew it was inevitable that the company could not do business the same way. The complexity of managing the business had increased with time. Consultants were under pressure to deliver good and innovative solutions. The organization had consultants from different age groups having a good mix of domain and industry expertise. It was a flat organization with three levels. The biggest challenge for Ajay was to have consultants with latest knowledge who would also earn revenues. Getting additional business was a challenge as all the consultants were busy and it was very difficult to hire new consultants.Ajay was to retire in five years and he wanted to leave behind a legacy. Order the following activities, from the most important to the least important, that Ajay should undertake in next five year:1. Do nothing.2. Set a future direction for the organization in these challenging times.3. Benchmark performance with respect to the best consulting company in industry.4. Empower senior consultants and at the same time seek opinion of all others for handling future challenges.5. Infuse fresh thinking by hiring outsiders.Choose the best option from the following sequencesa)1, 2, 3, 4b)2, 3, 4, 5c)3, 4, 2, 1d)2, 5, 3, 1Correct answer is option 'B'. Can you explain this answer? for NEET 2024 is part of NEET preparation. The Question and answers have been prepared according to the NEET exam syllabus. 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Getting additional business was a challenge as all the consultants were busy and it was very difficult to hire new consultants.Ajay was to retire in five years and he wanted to leave behind a legacy. Order the following activities, from the most important to the least important, that Ajay should undertake in next five year:1. Do nothing.2. Set a future direction for the organization in these challenging times.3. Benchmark performance with respect to the best consulting company in industry.4. Empower senior consultants and at the same time seek opinion of all others for handling future challenges.5. Infuse fresh thinking by hiring outsiders.Choose the best option from the following sequencesa)1, 2, 3, 4b)2, 3, 4, 5c)3, 4, 2, 1d)2, 5, 3, 1Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for NEET 2024 Exam. 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Getting additional business was a challenge as all the consultants were busy and it was very difficult to hire new consultants.Ajay was to retire in five years and he wanted to leave behind a legacy. Order the following activities, from the most important to the least important, that Ajay should undertake in next five year:1. Do nothing.2. Set a future direction for the organization in these challenging times.3. Benchmark performance with respect to the best consulting company in industry.4. Empower senior consultants and at the same time seek opinion of all others for handling future challenges.5. Infuse fresh thinking by hiring outsiders.Choose the best option from the following sequencesa)1, 2, 3, 4b)2, 3, 4, 5c)3, 4, 2, 1d)2, 5, 3, 1Correct answer is option 'B'. Can you explain this answer?.
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Getting additional business was a challenge as all the consultants were busy and it was very difficult to hire new consultants.Ajay was to retire in five years and he wanted to leave behind a legacy. Order the following activities, from the most important to the least important, that Ajay should undertake in next five year:1. Do nothing.2. Set a future direction for the organization in these challenging times.3. Benchmark performance with respect to the best consulting company in industry.4. Empower senior consultants and at the same time seek opinion of all others for handling future challenges.5. Infuse fresh thinking by hiring outsiders.Choose the best option from the following sequencesa)1, 2, 3, 4b)2, 3, 4, 5c)3, 4, 2, 1d)2, 5, 3, 1Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. 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Getting additional business was a challenge as all the consultants were busy and it was very difficult to hire new consultants.Ajay was to retire in five years and he wanted to leave behind a legacy. Order the following activities, from the most important to the least important, that Ajay should undertake in next five year:1. Do nothing.2. Set a future direction for the organization in these challenging times.3. Benchmark performance with respect to the best consulting company in industry.4. Empower senior consultants and at the same time seek opinion of all others for handling future challenges.5. Infuse fresh thinking by hiring outsiders.Choose the best option from the following sequencesa)1, 2, 3, 4b)2, 3, 4, 5c)3, 4, 2, 1d)2, 5, 3, 1Correct answer is option 'B'. 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Getting additional business was a challenge as all the consultants were busy and it was very difficult to hire new consultants.Ajay was to retire in five years and he wanted to leave behind a legacy. Order the following activities, from the most important to the least important, that Ajay should undertake in next five year:1. Do nothing.2. Set a future direction for the organization in these challenging times.3. Benchmark performance with respect to the best consulting company in industry.4. Empower senior consultants and at the same time seek opinion of all others for handling future challenges.5. Infuse fresh thinking by hiring outsiders.Choose the best option from the following sequencesa)1, 2, 3, 4b)2, 3, 4, 5c)3, 4, 2, 1d)2, 5, 3, 1Correct answer is option 'B'. 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Getting additional business was a challenge as all the consultants were busy and it was very difficult to hire new consultants.Ajay was to retire in five years and he wanted to leave behind a legacy. Order the following activities, from the most important to the least important, that Ajay should undertake in next five year:1. Do nothing.2. Set a future direction for the organization in these challenging times.3. Benchmark performance with respect to the best consulting company in industry.4. Empower senior consultants and at the same time seek opinion of all others for handling future challenges.5. Infuse fresh thinking by hiring outsiders.Choose the best option from the following sequencesa)1, 2, 3, 4b)2, 3, 4, 5c)3, 4, 2, 1d)2, 5, 3, 1Correct answer is option 'B'. 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Getting additional business was a challenge as all the consultants were busy and it was very difficult to hire new consultants.Ajay was to retire in five years and he wanted to leave behind a legacy. Order the following activities, from the most important to the least important, that Ajay should undertake in next five year:1. Do nothing.2. Set a future direction for the organization in these challenging times.3. Benchmark performance with respect to the best consulting company in industry.4. Empower senior consultants and at the same time seek opinion of all others for handling future challenges.5. Infuse fresh thinking by hiring outsiders.Choose the best option from the following sequencesa)1, 2, 3, 4b)2, 3, 4, 5c)3, 4, 2, 1d)2, 5, 3, 1Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice NEET tests.
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