Challenges

Strategy to face challenges: * Industrial Challenges: * High production be argon due to low installed capacities of the sign. The firm in the want run is not able to increase its output in the proportion of inputs. The firm thus faces diseconomies of scale. By installing superfluous capacities, the scale of operation ordain increases, thus a greater division of labor and specialization would enable the cost per unit of production to come down. The benefit of change magnitude operation size of it also results in decrease in financial costs. It enables the firm to bulk purchase thus enabling them to claim beat discounts. Also it enables them to curtail per unit cost on publicizing etc. The installed capacities can be increased by spinal fusion and acquisition of other running or sick units and transforming them into acquire making entities. This is a fast way of increasing the capacity. This will help the firm to consolidate its market sh be and revel the economies of scale. Increased market share will help in create monopoly market conditions for the firm to operate in. otherwise the firm can also add additional capacities by increasing the plant capacity.

* Outdated manufacturing technologies can be upgraded to newer technologies so as to avail the benefits of increased output, demean production cost and debase operational costs. * Low level of professionalism can be tackled by recruiting professional from leading business schools, engineering colleges etc. kind of of non professionals. Additionally, services of various subject experts from the area like economic science; information technology etc. can be availed. They are well trained and masters of their respective fields; are able to see a problem from various angles bring home the bacon expert advice on the problem at hand * The Cyclic reputation of the sugar industry can be tackled by mournful towards international trade and harnessing international economies of scale. At the time of lower sugarcane... If you want to get a full essay, order it on our website: Orderessay

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