Additionally, Europe does not currently have a market of low-calorie products because unlike the United States where that market is popular, Europe is not in need of such products. So, unlike the expansion of reduced fat products, reduced calorie products using artificial sweeteners would most likely prove detrimental.
Project 10: This project is a money sink for the company. While high-tech software may make some aspects of the business run smoother, the overall cost of updates and repairs is not worth the expanse at this time. Once the company stabilizes and sees market growth, then is the time to consider such proposals.
Project 11: This acquisition meets all three of the company's current goals. It would ensure profitability, aid in debt payoff, and allow new market shares. Additionally, the acquisition would allow for new stock and potentially protect the company from certain stockholders.
Recommendations
The following projects should be utilized in the forthcoming year: schnapps acquisition, new plant, expansion of plant, snack foods development, and water treatment.
By implementing a mission that focuses on these objectives, the recommendations will achieve these goals and result in the necessary profit influx into the company.
The action plan should be as follows for the next year. First, initiate all changes and updates to be completed by the end of the first quarter. For the building and expansion projects, the building should be complete by the end of the second quarter with a set time line and deadlines laid out within the first month. All projects must be active and reporting by the end of the third quarter.
As with all purposes within the business, the goal is to take risks and make profit. The proposals that are selected, with the exception of the environmental updates, are for the purpose of producing profits. Should any of these plans fail by the end of the year, the company should not release a dividend. Instead, any profits should be used to aid in the faster payoff of debt and ensure capital for additional project investments for…
