Introduction
MDCM Inc. is one of the largest world manufacturers of medical devices making huge amount of profits but unfortunately a significant amount of loss was realized and the same was very agonizing for the new CEO of the organization, Max McMullen. The company was founded in 1972 and well-staffed with expertise of many years’ experience. The recorded losses came as a result of poor implementation of business strategies already laid down. The company’s CFO Sharon Leis told the board of executives the witnessed shrink in revenues is as a result of expensive cost of production.
According to the vice president of ...
