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Feasibility Memo - Essay Example

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Summary
The organization produces new products and sells them on retail and wholesale bases. The sales attained are not enough and the organization needs improvement on the production and sales. The…
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Feasibility Memo

Download file to see previous pages... It is important to work with the current employees as they a familiar with some of the organization’s customers. The marketing strategies should be revised. The company should carry out intensive online marketing over social media in order to create the awareness of the products to people in different regions of the world.
For improvement and undertaking the revision of the project, the organization needs more funds. The organization should seek loans from local banks. The organization saving should also be utilized in order to undertake the project.
For expansion purpose, the organization needs more production machines and an additional vehicle for transportation. Ten computers are also needed for internet marketing, recording and storing the information.
The organization needs to have a General Manager who will oversee the progress and performance of each department. The General Manager should be in possession of a Masters degree in Management and five years experience in management ...Download file to see next pagesRead More
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