Economic developments and technological advances

Paper should be 2-3 pages. Double spacing. 12-point Times New Roman font, and one-inch margins. Sources should be cited according to a discipline-appropriate APA citation method. Cite all references. Include in-text citations also! ORIGINAL WORK ONLY!!

This needs to be DETAILED!

OL322-Essay

ABC Company, Inc. has been in existence for 10 years. They have 50 employees, currently have one location, and they only manufacture one product: widgets. They have managed to stay in business by holding onto a small portion of the widget market, but they are far from the market leader. Over the last 5 years, their market share has stayed more or less stagnant. The president of the company is an older gentleman and mostly works from home. He makes decisions through meetings with his managers over the phone and is rarely seen at the company. Mid-level managers don’t have much contact with each other and basically focus exclusively on their individual departments. The rest of the staff members are very distrustful of management and there has recently been a lot of turnover. Outside of interoffice griping, there is rarely any company wide communication.