Conduct research and find an existing business or organization. Discuss how the
ID: 434413 • Letter: C
Question
Conduct research and find an existing business or organization. Discuss how the business was set up, the type of business, industry, company size, structure of the business, officers that operate the business (including titles and responsibilities of each officer, who it is run by, the application of agency principals to each person’s position), and whether it has a board or other governing structure). Also, identify whether this business has ever filed for bankruptcy and the type of bankruptcy Conduct research and find an existing business or organization. Discuss how the business was set up, the type of business, industry, company size, structure of the business, officers that operate the business (including titles and responsibilities of each officer, who it is run by, the application of agency principals to each person’s position), and whether it has a board or other governing structure). Also, identify whether this business has ever filed for bankruptcy and the type of bankruptcy Conduct research and find an existing business or organization. Discuss how the business was set up, the type of business, industry, company size, structure of the business, officers that operate the business (including titles and responsibilities of each officer, who it is run by, the application of agency principals to each person’s position), and whether it has a board or other governing structure). Also, identify whether this business has ever filed for bankruptcy and the type of bankruptcyExplanation / Answer
I have chosen Infosys as an organization. It was set up as an Information Technology service provider company with the initiative taken by Mr.Narayanamurthy, Sudhamurthy and four other people namely Nandan Nilekani, Salil Parekh,Kris Gopalakrishnan and S D Shibulal. The company is into software and IT business and provide IT solutions to its clients. It provides end to end solutions in the field of IT and softwares. It is a Business Process Outsourcing (BPO) Industry which growing very fast.
Comany is huge in size with 200,347 employees working, spread over into domestic and multinational operations , with a revenue of US$10.93 billion and total asset of US $12.23.
Salil Parekh has been appointed as CEO and MD of the company effective January 2, 2018.
Nandan Nilekani has been appointed as non-executive Chairman of the board, Praveen Rao as interim chief executive officer and Managing Director of the company.
It has a board of directors which takes the major administrative level decisions of the company. Company has never filed for bankruptcy.