Reflecting on strategies implemented during the competiton

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Reflecting on the strategies implemented during the competition, it becomes evident that there are several areas where adjustments could yield better results. The decision to implement a raise across both the North America and Asia-Pacific facilities aimed at enhancing employee satisfaction and retention was a positive move. It might be more effective to link future raises to specific performance metrics, ensuring that the investment in employee compensation directly correlates with productivity improvements. In terms of material quality, the decision to increase the percentage of superior materials used in production was well-intentioned, aiming to improve product durability and customer satisfaction. However, this also significantly increased costs. Balancing cost efficiency without compromising quality is crucial. Adjustments in the proportion of superior materials used could help manage production costs more effectively while still delivering high-quality products.

Reference no: EM133772851

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