They should constantly conduct research as to identify the new needs and wants of customers and integrate them within the ACME products. The success of this strategy will be obvious once the manufacturer is able to identify and satisfy needs before the clients become aware they even had those demands. The long-term strategy will be a pull one, where the audience is drawn towards the product, placed and promoted to represent the American tradition.
Operations
The ultimate operational desire for the ACME officials should be to increase efficiency. To achieve it, they should implement time management programs. These programs are aimed to increase the quality of the tasks performed within a given time. Also, they should combine them with training programs that teach employees how to reduce procrastination and how to work better. However these trainings would initially require additional expenditures, they would pay out in the long-term as the company would be able to reduce the number of employees and the remaining ones would be highly skilled and therefore able to cope with the extra work.
Finance
However the delay in the purveyor and employee payment can retrieve some successful results, this is only possible in the short run. On the long-term, the company has to find other ways to keep costs to a minimum as to be able to offer a reduced retail price for their motors. In this order of ideas, they should apply for governmental subsidies and should increase their capital through either loans or stock issuing. Each of the two alternatives has both advantages and limitations, but the issuing of stocks has the advantage that shares could be sold to ACME employees as an incentive. Also, the company should make...
Negotiations can be preferred over competitive bidding because significant cost advantages can be gained through this process which might be available through competitive bidding. When bidding is open to a large number of suppliers, the winner doesn't bother to negotiate because he has won fair and square and the buyer now has the obligation to buy from on his terms. That can be avoided with the use of negotiation method. Epsilon's
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