SOLVED NMIMS ASSIGNMENT SOLUTIONS Hitech Solutions Ltd is

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Organization Theory, Structure and Design

1. Value for Money is a modern-day Fintech company with a work force of 300 people. The promoters have been stalwarts of the banking sector with a work experience of more than 30 years. The company has a lot of millennials and promoters are worried about creating a sustainable and productive work culture. Which are the factors that would affect organizational culture at Value for Money? What benefit will Value for money derive from a strong culture?

2. Hitech Solutions Ltd. is an upcoming IT solutions company. Their performance for past 3 years has been good, however performance has dipped this year. The CEO wants the strategy team to carry out a VRIO analysis. Which type of technique is VRIO? Conduct a VRIO for Hitech. Make assumptions where ever necessary. in spite of challenging market conditions. If the management decides to use the Historical analysis, which type of tool are they considering?

Q.3. a. Explain any 4 types of organizational structures with an example.

Q.3.b. Give an example of any organization that has gone through the phases of organizational life cycle.

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