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B Ltd. wants to modify the existing product, CD players in the market due to decreasing sales . What decision / steps should each level of management take to give effort to this decisions? ( 6 marks)?
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B Ltd. wants to modify the existing product, CD players in the market ...
Decision to Modify Existing Product


Top Management


  • Identify the reasons for decreasing sales of CD players.

  • Conduct market research to identify customer needs and preferences.

  • Assess the feasibility of modifying the existing product.

  • Allocate resources for research and development of the modified product.

  • Set goals and objectives for the modification process.

  • Establish a timeline for the modification process.



Middle Management


  • Develop a plan for the modification process based on the goals and objectives set by top management.

  • Allocate resources for the modification process.

  • Coordinate with the research and development team to ensure that the modified product meets customer needs and preferences.

  • Identify potential challenges and risks associated with the modification process and develop contingency plans.

  • Monitor the progress of the modification process and report to top management regularly.



Lower Management


  • Implement the plan developed by middle management.

  • Coordinate with other departments to ensure smooth implementation of the modification process.

  • Provide feedback to middle management on potential challenges and risks associated with the modification process.

  • Ensure that the modified product meets quality standards and customer needs and preferences.

  • Report to middle management regularly on the progress of the modification process.



Overall, the decision to modify an existing product requires a collaborative effort from all levels of management. Top management should provide the vision and resources for the modification process, while middle management develops a plan and coordinates with other departments. Lower management implements the plan and provides feedback to middle management to ensure that the modified product meets quality standards and customer needs.
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B Ltd. wants to modify the existing product, CD players in the market due to decreasing sales . What decision / steps should each level of management take to give effort to this decisions? ( 6 marks)?
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B Ltd. wants to modify the existing product, CD players in the market due to decreasing sales . What decision / steps should each level of management take to give effort to this decisions? ( 6 marks)? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about B Ltd. wants to modify the existing product, CD players in the market due to decreasing sales . What decision / steps should each level of management take to give effort to this decisions? ( 6 marks)? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for B Ltd. wants to modify the existing product, CD players in the market due to decreasing sales . What decision / steps should each level of management take to give effort to this decisions? ( 6 marks)?.
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