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This strategy can help the business keep wage expenses at a minimum rather than spending money on high paid jobs.
? Low Production Cost ? Mr. Walsh discovered a way to produce low-cost, high quality paint. This can result in lower prices for his paint than the competition offers. The quality along with the price is both a consumer and producer benefit.
1b. Weaknesses
? Employee Knowledge / Experience - Inner-City Paint has no worker training programs implemented into the business which results in a huge lack of knowledge in basic business procedures. The inexperience of the 35 unskilled laborers, as well as the inexperience and youth of the plant manager makes it difficult to believe that the company's business practices are organized in the most efficient way...
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