BMG20503: Identify 1 main problem of the company e.g. fewer customers, unstable raw material prices, no systematic accounting record: Global Strategic Management Assignment, MSU

Identify 1 main problem of the company e.g. fewer customers, unstable raw material prices, no systematic accounting record/ bookkeeping problem/ high marketing expenditure, high employee turnover, inconsistency of quality, etc. Please highlight your judgment i.e. why it is the main issue and what will be the implications if the problem is not been tackled.
Suggest at least THREE (3) solutions to solve the problem. Please provide supporting evidence that the solutions are workable by citing any article/journal/ findings/ testimonials/ written study case done before or any company that has successfully implemented those strategies or solutions. Rank and explain the strategies/solutions based on the most suitable to less suitable solutions.

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