possible strategies for the company to sustain their existence in the future

What is Robin Hoods mission statement? 2. Apply SWOT analysis on Robin Hood and the Merrymen

3. What are some possible strategies for the company to sustain their existence in the future?

Please answer these three questions only.

You need to answer all the questions thoroughly (min. 300 words). You need to draw from theories and concepts rather than using common sense

What are some possible strategies for the company to sustain their existence in the future?

Introduction

A company is a living organism that must survive in order to continue its existence. The best way for them to do this is by improving their business model and finding new customers.

Business plan

Before you can figure out how to create a sustainable business plan, it’s important that you take the time to think about what kind of company your vision is. The business plan should include a SWOT analysis, which stands for Strengths, Weaknesses, Opportunities and Threats. These four elements will help determine how successful your company will be in the future.

Next on the list is marketing strategy–this includes things like branding and advertising campaigns as well as social media strategies. Financial strategy involves analyzing financial statements and determining whether or not there are any ways in which they could be improved or modified based on these results. Product development strategy refers specifically to product creation efforts (i.e., developing new products).

Find new customers

The first step in sustaining your company is to find new customers. The next step is to retain old customers and improve customer service, satisfaction, loyalty and retention. When you can do both of these things at once, then your business will be able to survive for a long time.

Improve their existing product

  • Improve their existing product.
  • Make the product more appealing and durable.
  • Change the product to meet customer needs, such as making it smaller or easier to carry around with you. This can be done by improving the manufacturing process or changing certain parts of your design. For example, if your product is too large for people’s pockets and hands, then you could redesign it so that it fits into smaller ones (or remove the parts that make it larger). You could also make other adjustments such as adding better adhesive strips on each side of an item so that when placed together they stay firmly in place without falling apart easily over time due to friction between them being released due to movement within pockets etc…

Change their product or improve their marketing strategy.

The first strategy is to change their product or improve their marketing strategy. In order for a company to survive in this age of technology, they need to stay relevant with their customers. A good example of this can be seen in the case of Apple Inc., which has continually updated its products such as iPhones and iPads (and even watches). By doing so, they stay relevant and keep people interested in buying new products from them because they are familiar with how things work on these devices already.

A bad example could be seen when companies don’t update their products regularly enough or offer newer versions that aren’t useful enough compared with previous models. This doesn’t allow customers who already own one type of device access into other parts of your product line without buying something entirely new just because someone wants something different than what they currently have available online today.”

These strategies will help the company to create a sustainable business model in the future.

  • Create a sustainable business model.
  • Improve their current position in the market.
  • Create more value for their customers, therefore increasing sales and profits, which are essential for survival of any company.
  • Ensure that they make enough profit so that they can continue to operate without having to sell off all their assets at fire sale prices (i.e., bankruptcy). This is especially important if your company has been growing rapidly over time but still hasn’t reached profitability yet because it’s difficult to predict how long it will take before you get there; however, if you’ve had success selling products at high prices then this could give you some insight into what kind of profits are possible now or in future years when new growth opportunities arise again within your industry sector/industry verticals such as “veterinary medicine” or “medicine manufacturing firms.”

Conclusion

These strategies will help the company to create a sustainable business model in the future.

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