Catfish Creek Company

Recomm land upations Short Term/Medium Term (August December 1998) * powerful immediately, advertise and promote the handleing scathe of to each one and only(a) handcrafted cigaretoe for $5 000 each. This leave result in revenue enhancement of $27 561. Refer to Exhibit D. Steve bequeath shoot to sell quatern canoes to recover totally woos. Refer to Exhibit E. * Steve ordain need to more accurately calculate direct agitate in stage to find out the true cost to manufacture each canoe Long Term (At end of 1999) * Profits should be utilize to invest into the company in the manufacturing of canoes to produce a bigger quantity of canoes per stratum to maximize profits. * As Steve progresses and becomes quicker at manufacturing each canoe, he can improve the quality of his reaping and increase the change impairment resulting in higher unclutter income. * Steve also has the opportunity for product specialism by handcrafting complementary products Control and Feedback Keeping an inventory of all the canoes sold during the year and taking these numbers and comparing them to the diligence provide determine if he is successful at change more canoes than his competitors. A survey can be conducted online at every bribe that exit ask customer if the selling price is as well as high. This will friend to determine if the selling price is competitive.

Contingency If the higher up recommendations prove to be wrong the selling price will need to be re-evaluated. The selling price of $5 000 may not prove to be competitive and he will need to find a target selling price that is. It is recommen! ded that the selling price does not go below $2 703.25 as this will result in an operating going and the company should just close down. Refer to Exhibit G. foot Steve Davidson is in preparation for the opening of his new canoe manufacturing buy at in St. Thomas, Ontario. Steve has been a recreational canoer for more than 20 days with 15 eld of woodworking experience. For the past 10 years Steve has have these two activities by...If you want to get a right essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper