Thursday, September 26, 2019
Dual Levers of Success Assignment Example | Topics and Well Written Essays - 750 words
Dual Levers of Success - Assignment Example The transistors business led to the faster performance and more utility for computers. The business partners created chips, which stored an ever-increasing amount of information, boosted computer memories, and functionality in a cost-effective manner. à In chapter two, Michaelââ¬â¢s research ideas and programs went down well for the first six months. Thereafter, things changed and new competitors entered the markets and destroyed the business completely. The companyââ¬â¢s products that hit the market upon their launch went down drastically (Krames, 2003). Experts predict that if the trend continues at the same pace, in the next six months, the company will be enjoying less than a quarter of the market it has enjoyed in the last one year. In addition, the company has a serious inventory problem due to the demand fall (Krames, 2003). If things do not change, the company will write off more than a million dollars in excess inventory. à In chapter fiveââ¬â¢s article, the company depends entirely on a drug that enjoys 60 percent market share every year. The drug is responsible for 80% profits of the company. All of a sudden, the shares of the drug fall drastically and the companyââ¬â¢s stock price plummets to about 50 percent of its previous highs (Krames, 2003). The stock slide changes the CEOââ¬â¢s Company from a hero to a goat. à The two professionals in both articles are discussing the competitive market. In chapter twoââ¬â¢s article, Michaelââ¬â¢s company is threatened by the competitive market after half a year of modernizing his company by a state of the art computer system, which includes a website for the company (Krames, 2003).
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