New Media is an Internet Service Provider that has had two continuous years of high profits. However, this quarter, the profits have fallen by 50%. What can be the possible causes for this? As a group, work out an action plan to save the company based on the causes of decline in profits.
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1
Answer:
the workers must be very lazy and do not do their allotted jobs in the stipulated time
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1
Answer:
The possible cause for decrease in profit can be due i) Increase in number of competitors which are providing the better services
ii) Competitor which is providing the same kind of service with lower cost due to which customers have chosen them over New Media.
Explanation:
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