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Narrative 1-2 In April 2013,Volkswagen Reported a Net Profit Increase of 41

question 126

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Narrative 1-2
In April 2013,Volkswagen reported a net profit increase of 41 percent. While the future looks bright for VW today,it was not always so. In August 2005,VW's past chief executive officer,Bernd Pischetsrieder,announced another restructuring plan for the company. VW is Europe's largest carmaker and needed to make itself profitable once again. To do so,VW cut thousands of jobs through natural attrition,early retirement,and buyouts of worker contracts. The carmaker also reviewed its component parts factories in Brunswick,Kassel,and Wolfsburg to help it accomplish its organizational goal. Pischetsrieder blamed much of the company's problems on restructuring that was done in 1993. He insisted that the company missed a whole generation of managers because its former CEO eliminated a whole management layer. As a result,45 percent of the managers at that time went into retirement over the following three to four years.
-Refer to Narrative 1-2. What is VW examining in its component parts factories?

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Ability or Personality

Ability or personality refers to the inherent talents or traits that influence an individual's performance and how they interact within a team or organization.

Conscious Evaluation

The deliberate and mindful assessment of ideas, options, or decisions based on criteria and judgment.

Experimentation

The systematic investigation into and study of materials and sources to establish facts and reach new conclusions.

Non-conformity

Behaviors or actions that do not comply with prevailing norms, expectations, or standards, often viewed in the context of individualism and innovation.

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