Both The Poor And The Rich Find Accessibility Into University Difficult . To What extend do you agree or disagree?
Few people
argues
that top level executives above age 55 must be Suggestion
argue
urge
to exit from the organization in order to give chance to Suggestion
urged
the younger
blood. In my opinion, I completely agree because new blood can drive growth of the company via innovative ideas and higher productivity.
Suggestion
the young
Firstly
, Linking Words
latest age group
brings fresh ideas into the system which is vital for any institution to succeed. It is critical to generate differentiated products in the market, as consumer behaviour is frequently changing. Because older staff Suggestion
the latest age group
a latest age group
are
rigid to implement new thoughts, which can Suggestion
is
proves
to be disastrous for the business in future. Suggestion
prove
Additionally
, Linking Words
firm
can lose market share to competitors. Suggestion
a firm
firms
the firm
For example
, Orkut was the best social networking site in the work in 2000, but due to Linking Words
advent
of new technology by FB and lack of innovation by earlier has resulted in firm going bankrupt within a short period of time.
Suggestion
the advent
Secondly
, productivity of Linking Words
new breed
is higher compare to older ones. Suggestion
the new breed
Infact
, it has Suggestion
In fact
positive impact
on faster decision making. Due to rapid globalization, factory can optimize the efficiency of its manpower and can Suggestion
a positive impact
further
invest and be decisive in international expansion. Linking Words
For instance
, Linking Words
average age
of employees in hospitality giant OYO which started 6 years ago is 30 years and they have expanded to 80 countries within a short span of time due to their young workforce. Suggestion
the average age
On the other hand
, Inco, which is Linking Words
family owned business
run by older executives is still operating in 2 countries despite its inception 50 years ago. Suggestion
a family owned business
Thus
, energetic young mind can yield 10x result compare to older executives.
In conclusion, Linking Words
effeciency
and modernization are two the ratio of the output to the input of any system
efficiency
indespensable
parts which new blood aids not to be dispensed with; essential
indispensable
to rin
the firm and creates the sustainable future. Given the situation, I completely agree that to sustain and achieve healthy Suggestion
tor in
profits
marketplace, latest generation should be introduced to the system and older CXO level people should be insSuggestion
profit
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