In: Finance
create an executive summary based on a Company is in the painting industry, with stagnant growth despite the demand. The business earned $455,000 last year, which is $145,000 short of its target of $600,000.
It is a made up company and the executive summary is all fiction based on the information provided.
EXECUTIVE SUMMARY
(FOR PAINTING COMPANY)
Firstly I have decided to explain the meaning of EXECUTIVE SUMMARY in detail.
An executive summary is a short document or a section of document ,produced for business purposes,
That summarises the
long report in such a way that readers can easily
understand by
seeing it.
Secondly:
MISSION STATEMENT:
• To achieve 6,00,000 dollars as profit per year.
• To achieve company stabilisation in demand.
• To achieve quality control by providing 100% customer satisfaction.
• To expand in market wise by ensuring stable demand.
OBJECTIVES:
• To provide utmost service to the customers .
•To compete with others by keeping price lower with all facilities.
•To motivate employees and to adopt to new technology.
•To achieve the targeted profit.
PROCEDURES:
• Assignment of work between employees by not maintaining a single person responsible to the whole process(starting to end).
• Having a dedicated project manager.
•Institute a program of profit sharing among employees.
CONCLUSION:
This year profit was not reached targeted profit by the following reasons
1.
2. Etc.