3
ANSWER 3.6
Acquire a small company to shorten the time to market and
thus more readily preserve its position in the marketplace.
Integrate its technology into the company, modify production line
ANSWER 3.7
The preferred members on this presidential task force should
be marketing/sales, design engineering, product development,
production, finance, logistics, and service. The specific
The task force should first get organized. Available data
are then to be reviewed. The task force should brainstorm
possible causes for the declining sales:
A. Was the product price too high in comparison to competition
due to high product cost?
B. Were the sales people ineffective due to poor training, low
morale, meager compensation, and/or inadequate equipment/
facilities?
E. Were the customers dissatisfied with the services (e.g.,
problem-solving, spare parts, order processing, etc.) offered?
F. Others.