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June 17, 2024

You have been running a successful business and have branched out into complimentary markets.

General Question

You have been running a successful business and have branched out into complimentary markets. You have always been able to run the business through a highly skilled staff which helped make all decisions. As your market share in both your original business and the complimentary business grows, you find you and your management team are struggling to meet the demands of the business.

Explain the reasons for either staying as a centralized business or to decentralize the business.
What advantages will you gain based on your decision?
How will you measure the effects of your decision?

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