Fun, Incorporated, a major gaming software company, is experiencing conflict between theyoung Internet-savvy employees who desig
n the games and the older, less computer-literate executives who run the company. The company has hired team leaders who could work with the executives and who were also highly computer-literate. By hiring these teamleaders as liaisons between the executives and employees, the company will: reduce conflict by reducing task interdependence.
An integrator is an individual who becomes the glue between different departments of the organization. Their qualification and skills make them capable of connecting just enough with the required departments and work as a liaison between them.
In the above scenario, the team leaders are hired as integrators , who communicate and form liaison between the computer literate employees and computer illiterate company owners. This addition would enhance effective communication between them and bring about progressive changes in the company.
1. The money is required to stay in the bank longer 2. Because inflation erodes the value of savings, the higher interest rate helps decrease the amount of money lost.
Because as per time the value of money the future cash holds are discounted at discount rate yo find the present Worth, thus the higher value of early present cash flows creates higher present value compared to lower value of early cash flows
Explanation:Functional strategies are operational strategies. They are short-term goal-directed decisions and actions of the organization's various functional areas.
The role of functional strategy is to work together to achieve business and corporate strategies. They are where competitive and corporate strategies get implemented.
