K Ltd a manufacturing firm has been performing poorly in the recent past. Highlight four measures that they can take to improve their profitability
K Ltd a manufacturing firm has been performing poorly in the recent past. Highlight four measures that they can take to improve their profitability
- Improve on personnel management
- Locate the business where customers are many
- Manage finances properly
- Improve on public relations
- Being more creative and innovative
- Managing debts carefully
- Getting more capital to finance operations
- Should invest in more research to find out better production method
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