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Because of this steady decline, AcuScan must reduce their budget by 15% across the board, excluding Sales and Marketing. In addition to AcuScan needing to reduce the budget, the company is also attempting to produce a high quality product with significant time restraints. Both plans are required for AcuScan to not only remain a competitor within the market, but also to become the cutting-edge leader in technology once again.
Two significant issues/problems exist with AcuScan’s plans of reducing the budget along with attempts to launch a new product in such a short period of time. The first problem being a lack of capital, and the second problem is the lack of time...
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