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Business Budgetary Targets
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Business Budgetary Targets
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Introduction

ABC is an Australian company whose headquarters is situated in Sydney and it has been manufacturing various types of products from last 17 years. Quality of the products manufactured by the ABC Company is very high and this is the reason for high demand for their products. Products manufactured by the organization are exported to all states of Australia. Despite being the demanded products, ABC Company’s sales are continuously decreasing and with this effect, organization’s budgets and their targets are decreasing continuously. For the same, CEO of the organization has called up a meeting under which adequate strategies and methods could be invented to gain the organization’s position in the organization. CEO of ABC Company has not any idea in relevance with the decreasing demands of the products without making any amendments in the products’ quality. For the same, organization has asked an expert from outside of the organization to evaluate issues and solutions to resolve those issues so that organization could be able to achieve its lost position in the market. 

Identification of Problems

ABC Manufacturing Company is facing certain issues through which organization is not able to meet its expenses as profitability is being affected due to decreasing demand for the products. With the affecting demand of the products, an organization has appointed an expert to identify the issues faced by an organization.  

 

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