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Lester Electronics

Derrick bobo
MBA 540 week 5
University of Phoenix

With competitive pressure rising, Lester Electronics, Inc has important choices to make- processes, technologies, strategies, suppliers as well as the decision on whether to take on partners or to sell. One poor choice can lead to long, expensive product and plan development cycles and lower quality. The decisions may entail changes to pay structure, benefits, location of facilities and the size of their workforce. The parties involved in implementing the new strategies must come together cohesively to look at the alternatives and risk of their possible decisions. By involving the people who the decision affects, it decreases the chances of detrimental consequences and makes the transition easier to the employees, upper-level management and shareholders. Long-term goals for the benefit of all are established. Lester Electronics, Inc. is facing times in which they feel necessary to adapt to new ideas and business ventures as......


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Approximate Word Count: 1830
Approximate Pages: 8 (250 words per double-spaced page)

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