Hi Guys,
I have a question regarding profitability cases. So if we have declining profits and it comes out that it is actually an industry trend. How do we move on?
I would propose have a deeper look into the industry to understand what exactly is going on and what factors have an impact on our revenue (sales volume and price) or costs.Then I would consider measures trying to overcome them. If that's not possible, I would think of other ways to increase revenue, e.g. enterin new markets, products etc.
Any suggestions on that would be highly appreciated :)