Buy custom Johannsen Steel Corporation
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Topic: |
Business
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Number of pages / Number of words: |
2 / 532 |
Essay's paper body
Get more investment. JSC should invest more into its production equipment and the R&D department. From long-term view, new equipment will enlarge productivity, make the operations more efficient and avoid high maintenance cost. Furthermore, new equipment can decrease labor costs. On the other side, by getting more funding, the R&D department can develop more new products, which often can bring much higher profits than mature products...
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On the other side, by getting more funding, the R&D department can develop more new products, which often can bring much higher profits than mature products. It's also a good way to defeat its competitors.
4. Encourage sales stuff to travel and visit customers often and make the sales commission not only based on sales quota, but also on profits...
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