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Ashika
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AshikaKnowledge Contributor
Asked: August 24, 20242024-08-24T21:58:31+05:30 2024-08-24T21:58:31+05:30In: Education

A company manufacturing laptops is facing the problems of decreasing sales in the market. You can imagine any product about which you are familiar with. What steps, each level of management should take to give effect to this decision?

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A company manufacturing laptops is facing the problems of decreasing sales in the market. You can imagine any product about which you are familiar with. What steps, each level of management should take to give effect to this decision?
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  1. Ashika
    Ashika Knowledge Contributor
    2024-08-24T21:59:47+05:30Added an answer on August 24, 2024 at 9:59 pm

    Modernisation of the product is required to raise its market share. Hence, to modernise the product, each level must work as follows:
    Top-level management

    Concentrate on research and development and add new features to their products or begin a new product line
    Drafting sales plan, sales targets and sales incentives
    Increase promotional and marketing pursuits
    Middle-level management

    Implementation of the plans that are outlined by the top level
    Recruiting candidates with required qualifications
    Continuously assess all the activities and take corrective actions for any deviations and keep the top-level management informed
    Lower or Supervisory level

    Analysis of targets and plans to the workforce of an enterprise
    Assign the task relying upon the qualification and efficiency of the employees
    Maintain the stability of the quality of work and decrease wastage by efficient utilisation of the obtainable resources

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