possible problems

Question 2

liquidity

Answer 2

• improve cash flow mamagement
• reduce operation costs (lean production)
• optimising inventory (just in time)
• increase sales through promotion (marketing mix)
• sale and leaseback (woulr jelp immpedoately)

Question 3

the 4ps (+ 3 additional ones)

Answer 3

PRODUCT

PRICE

PLACE

PROMOTION

people

process

physical evidence

Question 4

profitability

Answer 4

• increase product profitability (bcg matrix)
• manage resources better (budgeting)

Question 5

competitors

Answer 5

• establish a good usp
• weak competitive position (porters generic strategies)
• look into product development to better differentiate drom competitors (Ansoff matrix)

Question 6

ethical objectives are threatened

Answer 6

• tripple bottom line (business tool that assesses the organisation’s performance not solely in terms of profit but also in terms of social and environmental impacts by considering

PEOPLE
PLANET
PROFIT)

• Maslow’s hierarchy of needs motivation theory
• appropriate compensation

Question 7

increasing costs

Answer 7

• control budget and spending
  (budgeting)
• reduce labour costs (workforce planning)

Question 9

poor brand recognition & visibility

Answer 9

• strengthen market presence (SWOT)
• strengthen brand positioning (segmentation, targeting, positooning)
• improve promotion (marketing mix)
• establish usp
• customer loyalty programs

Question 10

funding

Answer 10

• moze product development for new revenue streams
• government grants
• partnershii
• liquidating unused assets
• moze merger czy xos

Question 11

conflict

Answer 11

• force field analysis
• improving the relationship between the employer and their employees
  (maslow)
• decreasing resistance to change (kaizen) small changes not big ones

[ 1. communication woth employees

2. engaging employees in decision making
3. implementing negotiation to find agreement ]

Question 12

low sustainability

Answer 12

• circular business models
• reduce resource use (lean production)
• adjust business objectives
• evalusate the environmenyal and social performance of suppliers and partner with companies that prooratise environmenyak shit

Question 13

struggling to achieve economies of scale

Answer 13

• new manufactoring strategies
• target larger markets with the same product (segmentation, targeting, positioning)
• incorporate mass // flow production
• by taking ober honest water and the company company since water is needed for all the product this can prompt economies of scale