Final paper | ECO 408 Managerial Economics | Ashford University
Furthermore, outdated technology can also impede progress and efficiency within the workplace; this includes everything from inadequate software to outdated hardware which can result in decreased productivity and customer dissatisfaction . Finally , inadequate customer service processes can also be problematic; customers should always feel appreciated &valued in order for them to remain loyal over time.
Overall, it is clear that there are many areas where the CEO may chose to focus their efforts in order to help improve the company’s performance! With proper planning &strategy these issues can be addressed while creating an environment that encourages growth &achieves success.