What is major organizational challenges company is facing

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Software Company X conducts the Annual Board Meeting for the Directors on emergency basis because sales numbers have dropped-off new product line which they launched last year and the company failed to deliver their products faster than their competitors and gave them a significant strategic advantage. During the evaluation of report, this issue was identified that in initial years company showed profitability but did not grow as expected.

Problem 1: If the following is the identified problem then what is the major organizational challenges the company is facing? Elaborate your answer with proper justification.

Reference no: EM132747258

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