Worksheet 1

A.
To summarize, the company faces several problems. The last two years have shown that it is not only slow to adapt to changing conditions but also unwilling to look for new markets. Moreover the management structure of the company is unsuitable for this kind of business.
Besides the excessive number of managers there is the problem of poorly defined responsibilities. Like the ratio between salary and commission is out of proportion.

B.
The growth of Formula One over the last ten years has been extraordinary. With 400 million people watching each race it is perhaps the world's number one sport, although football also makes this claim. Formula One is the ideal marketing tool for companies, as shown by the fact that sponsors for Jaguar, like Ford, Pag, and HSBC are very happy - despiet the fact that Jaguar is not actually very successful on the track. Most years the sport is dominated by two teams, Ferrari and McLaren-Mercedes, although other teams like BAR......

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Title: Ers
Approximate Word Count: 5837
Approximate Pages: 24 (250 words per double-spaced page)

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