The company enjoyed a positive growth in the first two quarters of the financial year 2008-09 over its negative growth in the other two quarters. Due to a huge financial crunch, the company applied in a bank for a loan of three crores and fifty lakhs.
The successful completion of trial production of the new perfume ROSIE will lead to the commencement of the commercial production of the same shortly.
Mr. Riktesh Khanna, the Quality Manager could not review the new product due to his bad health. This caused delay in launch of the new product.
As per the marketing head of south India, the current forecasts are not reliable evidence. Also, the uncertainty of the market patterns and the survey methods calls for a check for the new product launch. The current scenario indicates in postponement of product launch.
A meeting has been planned regarding the workers who were on strike for the last 3 months. The objective of the meeting is to take a lenient and sympathetic view towards those workers. At the same time, strict action vides IAC 37 will be taken against workers who will stay away from the meeting. This will be done to maintain the office discipline and sanity of the corporate which is the base of our organization.
The workers have to face apprehensions, during the strike period, due to their lack of ability to take decision rationally regarding minimum wage and other benefits from the company. The reasons behind this are
• their minimal contact to outside world
• external influence
• frustration and stress
• no proper knowledge of their strengths and weaknesses
• Negative feedback from trade union
Counseling and training should be a part of their work in order to orient them towards company’s policies and goals. Funds should be allocated to meet such expenses.
The project report has not been received on its due date. It plays a vital role in planning strategy, timely execution