Amalgamating several organizations

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Reference no: EM133829308

Question

Label Group Inc. is an organization formed by amalgamating several organizations. The individual organizations sold quality signage, labelling equipment and supplies, and outdoor LED signs in ten countries. Label Group is currently transitioning as it is reorganizing post-amalgamation, which has required some redefinition of job roles and staff layoffs. The organization needs to show a profit for its investors in the next one to two years. The production department has identified a potential new product and target market: printing plastic labelling sleeves. The sleeves are common on other continents but are not yet available or widely used in the markets where Label Group Inc. operates. The production and sales department supervisors are excited about this venture's potential. They believe they can also launch this product in countries where Label Group Inc. has not yet operated. Is Label Group Inc. internally ready to launch this new venture? Why or why not?

Reference no: EM133829308

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