Catfish Creek Company

Recomm displaceations Short Term/Medium Term (August December 1998) * real immediately, advertise and promote the make outing scathe of to each integrity handcrafted give the sackoe for $5 000 each. This leave result in revenue of $27 561. Refer to Exhibit D. Steve bequeath shoot to sell quatern canoes to recover only costs. Refer to Exhibit E. * Steve go away need to more accurately calculate direct repel 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 increase profits. * As Steve progresses and becomes quicker at manufacturing each canoe, he can improve the quality of his reaping and increase the merchandising set resulting in higher unclutter income. * Steve also has the opportunity for product specialty by handcrafting complementary products Contro l and Feedback Keeping an inventory of all the canoes sold during the year and taking these numbers and comparing them to the industriousness allow determine if he is successful at sell more canoes than his competitors. A survey can be conducted online at every bribe that go out ask customer if the selling price is as well as high. This will sustain 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 whitethorn not prove to be competitive and he will need to find a targe t selling price that is. It is recommended t! hat the selling price does not go below $2 703.25 as this will result in an operating damage and the company should just close down. Refer to Exhibit G. creative activity Steve Davidson is in preparation for the opening of his new canoe manufacturing store in St. Thomas, Ontario. Steve has been a recreational canoer for more than 20 geezerhood with 15 historic period of woodworking experience. For the past 10 years Steve has have these two activities by...If you want to get a dear essay, order it on our website: OrderCustomPaper.com

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