Management Assignment Example | Topics and Well Written Essays - 2000 words

Management - Assignment ExampleFor example, the sales department had pointed out that there was inadequate defy from the marting department and for this reason, poor sales had leaveed. On the other hand, according to the Director of the marketing department, the image and quality of the product were the major causes of the problem. In order to deal with the problems, a restructure plan was undeniable to be formulated which would best suit the company. The following restructure model can be apply Source 1 Chinese Apparel Industry Facts From the year 2003, there has been an gain in the market size of the Chinese apparel sector from USD 47,194 million to USD 78,459 million in the year 2009 at a CAGR of 8.8%. In the year 2009, there was a sharp decline in growth rate, where the market slumped imputable to economic chaos. From USD 95,540 million in the year 2008, the market declined to USD 78,459 million in the year 2009, which was estimated to be a decline of 17.9% of growth2. Diag nosis Internal Analysis of the Sportswear Company in China There were mixed reasons that led the sportswear company in China to suffer losses such as miss of support from the marketing department and poor design and quality of the products. ... They should be aware of different rules and regulations oblige by the government including the taxation policy. Since the Sportswear Company in China is itself manufacturing the products, there is possibility of adverse changes in political and trade relations between Singapore and China. The political instability in China, increase in labor costs, or unfavorable weather conditions could considerably get in the way of the business and the shipment of the products of the company, which would in turn affect their operations and financial results. Economic The sportswear company is withal affected by the economy of the country. The stability of interest rate in the country is also a significant factor which can have an impact. A high rate o f interest will result in the fall of demand of the product making the borrowings expensive and savings attractive. On the other hand, a low rate of interest leads to increase in the inflation. The company should also take the tax into consideration. in general the taxes are of two types namely direct and indirect. Direct tax cannot be avoided and it affects the personal disposable income. bulk can avoid Indirect tax such as VAT by not get the products. The high rate of interest in China has led to the fall in the demand of the products in the last two years thereby resulting in the losses for the company. But with the improvement in the life story standards of the people of China and also changes in their consumption level, sportswear companies are becoming popular among the people, thereby enhancing the businesses of sportswear manufacturing companies in China. Social The company should also take into consideration the