please identify at least two really good decisions that the management has made that has contributed to the success of the firm. Also, identify at leat one or two poor decision that management has made and what you would have done differently if you were in charge.
2007-11-20 18:51:16 · 2 answers · asked by xia t 1 in Business & Finance ➔ Corporations
Good decisions - they concentrated more on inventory control. In the past their inventory accounted for 40% of sales, which was a very high inventory level and tied up funds. Another one was they realised they had to open up their store to more than just the hunting and sporting crowd. They decided to embrace the preppy college crowd, changed to a hip image and started selling tennis and golf equipment instead of just tents and canoes and guns.
Poor decisions - in the early days, they catered to a very niche crowd - the hunters - and this couldn't sustain the company. They also didn't like to have sales, adopting an elitist image.
2007-11-23 23:31:04 · answer #1 · answered by Sandy 7 · 0⤊ 0⤋
customers are always right
always replace what the customer asks
2007-11-21 18:09:11 · answer #2 · answered by ★ Vaginal Discount ★ 4 · 0⤊ 0⤋