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Situation Analysis and Problem Statement: Riordan Manufacturing Corporation

Essay specific features

 

Issue:

Social Issues

 

Written by:

Ramon D

 

Date added:

July 29, 2014

 

Level:

University

 

Grade:

B

 

No of pages / words:

5 / 1160

 

Was viewed:

1436 times

 

Rating of current essay:

 
Essay content:

As Chief Executive Officer it is your duty to turn the company's situation around so as to not loose any ground in the industry. This is precisely the situation that Riordan Manufacturing is currently facing. How would you go about resolving the myriad of problems at hand without losing anymore profits and revenues? The following pages will address some viable options to address the situation described above...
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Riordan Manufacturing employs 550 workers, has annual projected earnings of $46 million dollars. Riordan Manufacturing primary clients are automobile parts and aircraft manufacturers; the Department of Defense, beverage makers, bottlers, and appliance manufacturers (University of Phoenix, 2006. The company found itself in a very delicate situation with decrease in sales revenues, low employee morale; due to the lack of incentives and rewards employee retention also declined...
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