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Imagine you are the CEO of a corporation. You need to make a tradeoff decision between...

Imagine you are the CEO of a corporation. You need to make a tradeoff decision between optimizing for market share and optimizing profitability. What factors might you consider?
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Answer #1

Just as CEO (chief executive officer) of a corporation to make a tradeoff decision between optimizing for market share and optimizing profitability must consider these factors:-

* Improve the The Employee Management System.

* Increase quantity and volume :- increase in quantity as per consumer demand to avoid shortage of products.

* Eliminate sleppage.

* Increase selling price :- Charge the customer in a palatable way..

If a self-service option is truly preferable, customers should be willing to take on the work for nothing or even pay for the privilege..

* Improve the Customer Management System.

* Improve efficiency :- Set the right efficiency measurement to guide continuous improvement.

Thankyou....

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