Frequently asked questions about Global Management Challenge
- What if I would like to cut costs and stop sell products in low-margin markets?
In common, in 99,9% of cases there is no situation where such strategy can be optimal. When company decided to stop selling product in exact market, then other companies get more free space for selling there own products. A "little and tight" market becomes more freely, and allows your opponents to earn more money. Also such decision will lower your goodwill (because you lose market share) and investment perfomance value. It is always better to minimize costs and continue selling product.