Reference no: EM132788895

Part A: You the owner/CEO of a newly establish computer manufacturing company, "MGMT 420 Computer Technologies". The purpose of your business is to manufacture high tech computers and related components that will be delivered to various retailers and to individual clients via online ordering. Currently you own a 10,000 square foot facility, which produce computers and associated components to meet the current demand. Business has gone extremely well for the first three years, but you notice the demand for your goods have decreased by 23%, at the same time, because of a significant increase in gasoline prices, transportation cost to deliver your goods has resulted in an additional 15% loss in profits. To add to your problems, your customers are dissatisfied with the quality of some of your products. Last but not least, employees are complaining about the lack of salary raises; some have even left the company. How would you mitigate these issues?

Part B: Based on your mitigation efforts to resolve the above issues, another three years have passed and your clientele has increased by 25% and appears it will continue to increase for the next 5-7 years; business is going extremely well again. Now you have begun discussions with your management staff about the possibility to expanding your business. How would you conquer this task; what are some of your considerations/challenges; considerations you must address if expanding locally as well as global expansion; and how would you determine when, how, where, and how much should you expand?

Part C: Some 40 years have passed and you are deciding it's time to close the doors to a successful business and retire. What are some of the issues you have to consider before turning off the lights?