Small companies are perhaps more vulnerable to the loss of key employees and the resulting loss of organizational knowledge. what steps can a small company take to mitigate this potential loss? answers might include requiring well-kept documentation of job duties, extensive cross-training, key employee insurance, etc

The company is experiencing an increase in competition, and at the same time they are building more production facilities in southeast asia. in this scenario, the top management team is most likely to multiple choice increase the cost of their products. restructure to reflect a more bureaucratic, stable organization. pull decision-making responsibility from low-level management, taking it on themselves. give lower-level managers the authority to make decisions to benefit the firm. rid themselves of all buffering product.