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Unformatted text preview: his product. Seymour should have made his company public. For if he would have done it, when the time came to take some risky management moves, or if the company is driven to bankruptcy, then Seymour would not be as affected himself. Currently, either he has to declare the company bankrupt, ruining his credit, or he could renovate his merchandise, sort off starting fresh in an attempt to gain the audience back. He should also try to see if he could somehow get out of the contract made with one of the plants, and cut down some production, until his product has a larger demand. I believe Seymour could increase his profit once again if he renovates his product, and expand the variety of things being offered to the public. He should think of something that could cause if not the same, but similar shock in the consumer market....
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This note was uploaded on 08/09/2011 for the course BUS 101 taught by Professor Shindell during the Spring '09 term at Universidad Iberoamericana.
- Spring '09