Products to achieve maximum profits


Task:

Relationship between strategic and financial planning:

"Company A" always frames its financial strategies in a way to keep low prices on the counter products to achieve maximum profits. The company makes changes in its strategic planning according to the changing economic environment. For saving the time of its customers, the company has made one stop shopping centers. Another initiative of the strategic planning relates to its responsibility toward the environment. For this purpose, it has made about 145 million energy efficient bulbs and saved energy for three new coal-fired power plants. In addition to this, the company also provides better health insurance policies for its customers, According to the annual report of 2008, "The company has increased its health insurance percentage from 90.4% to 92.7% this year. In its strategic planning, the company also makes some changes in the financial strategies. Its effective financial strategies, the company had an increment of 8.6% in its net sales in the year 2008, in comparison to the previous fiscal year."

Based on the above, How will the initiative affect sales?

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Strategic Management: Products to achieve maximum profits
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