Infocom has diversified itself into several product lines: Telecommunications, Engineering, financial services. Each subsidiary is self-sufficient with their-own administrative functions, propagating the belief that people can assume the reSQPonsibility for the effective implementation of their decisions and should be given autonomy. This has reduced the need for direct supervision by superiors, has promoted flexibility, initiative and faster decision making. The orders of customers are never delayed, as a result of good policy decisions of top management.
(a). Identify and explain any two points of importance of the concept being discussed above.
(b). Name and briefly explain a suitable framework for the company within which the managerial and operating task are to be performed.