Reference no: EM132583855
Assignment Description -
Please read the following situation. You need to develop a plan how to adapt the circumstances detailed below. In order to make your assignment, you need to look up different information sources (some of them is provided for you, but you can use any sources of information).
Formal requirements: The assignment should be maximum 4 pages (A4 size) and submitted in pdf format.
Evaluation aspects:
You are able to "ask" relevant questions to answer regarding the situation (asking questions to yourself to answer them).
You can look up relevant information and you can decide if an information source is trustful or not (if you use it, you trust it).
Your answer is consistent, so the measures what you will describe are suits to each other.
Your answer should be underpinned by facts (figures, tables) and include at least one calculation.
You cannot find out additional circumstance - only facts and expectations can be used.
Keeping the format required.
Your position: You are the CEO of a small company that dealing with manufacturing packaging material for food manufacturers. You make all the important decisions. You are the leader of 12 employee.
Macroeconomic situation: An economic upturn is expected after the economic downturn (the economy is still in downturn; the upturn is just expected).
Market: Your two biggest buyers are a coffee producer company and a chocolate producer company. This two companies are responsible for more than half of your sales revenue. Besides, many other companies ordering ang buying your products.
Raw material: The raw material for your production is very diversified, so you can buy raw materials from many sellers. The used machinery is designed for your needs, so it is unique.
Revenue: Revenue data from the last 10 months (in million HUF):
|
July
|
August
|
September
|
October
|
November
|
December
|
January
|
February
|
March
|
April
|
|
135
|
145
|
160
|
155
|
180
|
182
|
176
|
150
|
98
|
94
|
You can use what is your aim regarding the company:
1) Make it a profitable company
2) Survive the economic downturn and keep the production level unchanged
3) Go bankruptcy
Please note: You have all the necessary information to create your answer. The first step is the hardest: to find out and ask yourself the proper question to answer. If you have the question, you will easily find ways to answer your question.