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Essay Details:
Essay text:
This problem continued into the following year as the company was faced with declining sales and a retailing downturn. Mr. Stewart, a senior loan officer at Hudson National Bank agreed to extend the company’s loan, although he requested a meeting to analyze the organization’s problem and determine the cause and/or causes.
Introduction
SureCut Inc manufactures household scissors and industrial shears. The corporation experienced steady profit and sales growth since the year 1958. This was made despite the existence of severe competition in the industry, especially from foreign companies. Senior loan officer, Michael Stewart, had pursued SureCut for several years prior to 1995...
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