Dansko Strategic Implications.pdf

Dansko Strategic Implications.pdf - Dansko Strategic...

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Dansko Strategic Implications 1. Reduce Production Costs - With production based almost entirely out of Europe, the company is facing rising costs due to the euro falling behind the US Dollar. By finding alternative methods to keep profits rising proportionate to costs, or outsource production to a more feasible location. 2. Introduce a new organizational structure - Reorganizing and modifying positions can help the company as the company has many different product lines and costs in production are rising, therefore affecting profits. This restructuring is important, where the company can hire outside professionals to give their expertise. 3. Merge with a bigger footwear company- by merging with a larger footwear company they can leverage the resources of that company to boost their already popular product. We prioritized from most recommended to less recommended. Reducing production costs are most
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  • Fall '16
  • Doc.Kelein
  • United States dollar, Dansko Strategic Implications

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