Business letter Essay Example | Topics and Well Written Essays - 250 words - 4

Business letter - Essay Example This is indicated by CEO comment that poor performance resulted from increase in gas prices, and people cutting back on carbohydrates. Instead, if I was the CEO I could have refrained from making any comment and instead order a quick investigation to be done by the experts so that we come up with the appropriate measure to change the situation. Also, for a firm to succeed there must be a close relationship between top management and their subordinates. This would have ensured that the top management has a deep insight of what could have been led to tremendous decrease in sales. As a result, the most hurt personnel in the organization are the stockholders who have invested their capital in the business for returns. This is because the situation could have caused depreciation of the value of their investment rather than appreciation. In my view, failure for the company to remain competitive in the market can be attributed by all stakeholders who have a role to play in ensuring that the company performs well. In addition, overreliance on top management to undertake all roles in the company could also have led to poor performance. Instead, the organization could have agitated for team work an aspect that could have increased coordination in all sectors involved in