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In: Finance

create an executive summary based on a Company is in the painting industry, with stagnant growth...

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.

Expert Solution

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.

jeff jeffy answered 2 years ago

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