What is the main problem leading to Wow Sight and Soundbankrupt? Is planning style management function is needed to beimproved? provide some recommendations for Wow Sight and Sound tocover its issues (write in a short paragraph)
Main issues:
- Customer satisfaction greatly decreased due to environmentalconditions such as technology and online competition
- selling goods at a lower price and below market cost, there isa risk of diminishing profit margins
- the failure use of benchmarking and contingency plan
