Proposal to shift focus from one product to another , Business Management

Assignment Help:

Proposal to Shift Focus from One Product to Another in a Company

The new proposal by marketing team to shift focus to offering products that are niche in nature by virtue of requirement of customization that each products needs and hence volume for such business is quite low but due to its this characteristics it offers lucrative margins for companies who believe in offering high quality & precision products requiring more focus by the team involved. The company is looking for this strategic shift since it is well aware that it's production process don't allow it to compete with vertically integrated giants and reengineering the production process would be big gamble and that too losing at the cost of having production process that can be put to use in speciality segment which they have been serving since long and have established god equity in markets. Only a detailed examination and simulation of production process will reveal future possibility for company and cost involved in such transformation in focus.


Related Discussions:- Proposal to shift focus from one product to another

Improve business processes, Discuss why has direct marketing continued to g...

Discuss why has direct marketing continued to grow? Using Internet technology to improve business processes • Discuss how this technology can unlock new business opportunities •

Placement, define placement and its importance

define placement and its importance

Staff training and production of documentation, QUESTION 1 (a) Rational...

QUESTION 1 (a) Rationalising procedures and redesigning business processes are limited to specific parts of a business. New information systems can ultimately affect the design

Describe breaking cost business barriers, Q. Describe Breaking Cost Busines...

Q. Describe Breaking Cost Business Barriers? IT is as well helpful for a business to gain strategic reductions in operations costs. Using Intranets as well as other telecommuni

Erp and business process engineering , Enterprise Resource Planning (ERP) c...

Enterprise Resource Planning (ERP) covers the techniques and concept employed for the integrated management of businesses as a whole from the viewpoint of the effective use of mana

Marketing principles, explain the various elements of the marketing process...

explain the various elements of the marketing process

Web client-server architectures, QUESTION (a) Compare the two- and thre...

QUESTION (a) Compare the two- and three-tier Web client-server architectures, and indicate the role of each tier in each architecture. Which architecture is the most likely can

Ahsford university, Knowing your Learning Patterns is important primarily b...

Knowing your Learning Patterns is important primarily because (Points : 1)

What do you understand by the concept intercultural myths, QUESTION 1 (...

QUESTION 1 (a) What are the three main types of communication processes that have emerged from research and study in the field of human communication? (b) What are the key c

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd