Answer to Question #259268 in Management for Paia

Question #259268

What predictions can you make about EMI and competitive development as of 1972?



1
Expert's answer
2021-11-01T18:03:01-0400

EMI overall predictions was its objectives which outlined a basic strategy for the business. As of 1972, EMI provided some focus to its development effort through huge financial and payoffs. John Powell, major Proponent predicted that investments should be made quickly in order EMI to establish a solid market position. He continued to propose that with EMI approach it will not only minimize risk but would also make possible to implement a manufacturing program rapidly. The challenges by the new competitive products caused EMI to speed up its announcement of a body scanner leading to continuous competitive thus top managers with their seniors predicted high-growth in markets. EMI seemed to have unlimited growth in 1972.


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