Monday, February 1, 2010

MGT603 GDB

Answer:
In this situation, firm needs that strategy which minimizes the cost by avoiding extra expense.Being a Manager, I ll adopt the Backward strategy. The backward strategy deals with suppliers and their issues. It increases the control over the suppliers, if they are too costly or unreliable. In this current case, Mr. Ali is bearing the extra cost to buy the tire from tire manufacture, which is cause of high cost of production. Backward strategy is helpful to minimize the cost and maximize the quality and profit. It is also give the competitive environment to firm

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