StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Summarizing the Meeting Memo - Essay Example

Cite this document
Summary
The essay "Summarizing the Meeting Memo" focuses on the critical analysis of the major issues in summarizing the meeting. The memo is written in response to one's query about the summary of the meeting, matters discussed and the decisions made to overcome the problems…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98% of users find it useful
Summarizing the Meeting Memo
Read Text Preview

Extract of sample "Summarizing the Meeting Memo"

It has gained sufficient net profits to attract new investors. However, the analysts argued some points that were vital to the good progress of the company shortly. The chief analyst raised three main issues in the company’s management. A summary is given below:

He said that the company is facing tough competition and the main issue is that the competitors are using an advanced technology now available in the market. This advanced technology enables other companies to increase their sales through immediate advertisements and the technology and receive instant feedback enabling them to take prompt measures to enhance product quality and policy-making of their companies.

This advanced technology also ensures production at a comparatively low cost which results in their ability to introduce their products at fairly low prices in the market. This comparatively reduces the sales of the company as customers are always attracted to low prices for the same products in the market.

Secondly, the competitors have employed some extra labor skilled in the proper use of the company’s software and websites. These are IT experts properly trained in making quick decisions to meet demand in software changes and also quick production of its products. The company needs to ensure that the company makes sufficient advancements in its software to cope with the demands and requirements of the customers.  It is always very important for a company to meet the orders placed by customers in time as it is quite obvious that sales orders if maintained poorly and not responded to properly will make the company lose existing customers looking as well as new customers attracted by the quality of our products (Anthony Tarantino, 2006, p. 248).

These are some key factors that hinder the performance of the company as it faces high competition now.

After the chief analysts’ report, the CEO decided to take some measures to overcome the problems that may be faced by the company in the future. He assigned the CFO of the company to determine the total costs of introducing new technology to the production sector of the company as well as the costs to hire skilled labor to operate that machinery. The decision to offer discounts and free-of-cost gifts was to be made after the successful change in technology and increase in production.

The manager was assigned by the CEO to enhance the performance of the existing staff through brainstorming sessions, quality circles, and some other important steps.

This was a summary of the meeting held as I was asked for. You will be glad to have my further assistance whenever required.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Hot Potatos Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Retrieved from https://studentshare.org/information-technology/1647968-hot-potatos
(Hot Potatos Essay Example | Topics and Well Written Essays - 500 Words)
https://studentshare.org/information-technology/1647968-hot-potatos.
“Hot Potatos Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/information-technology/1647968-hot-potatos.
  • Cited: 0 times

CHECK THESE SAMPLES OF Summarizing the Meeting Memo

Community Relations in the Movie Crash

A short paragraph summarizing the problem, why this campaign is necessary because misunderstandings and unseen but real boundaries and obstacles between people and races are ever-increasing.... This paper "Community Relations" tells that the movie Crash is an eye-opener as to what goes on in the streets that people are aware of but think that the problem is too deep to root out, and hence they keep on living their lives....
7 Pages (1750 words) Assignment

The Hairstyling Industry in the UK

This paper "The Hairstyling Industry in the UK" presents present a thematic analysis concerning the working experiences of two hairstylists in the UK.... Each hairstylist represents one kind of salon classified according to size: from a small independent salon versus that from a large chain salon....
8 Pages (2000 words) Case Study

Accounting Precedures

Accounting is the art of recording, classifying and summarizing in a significant manner and in terms of money transactions and events which are in part a least of a financial character, and interpreting the results thereof.... As far as concerning the recording of income (and also....
2 Pages (500 words) Essay

Analysis of Business Communications

As the letter is summarizing the presentation, it should show the recipients the benefits of this particular product or service and why they want it.... By giving Sue Smith time to digest the contents of the information-containing memo and telling her that she was not alone and that they would work together to rectify the situation, the Marketing Specialist, who was most likely her superior.... A good approach would be for the Marketing Specialist to deliver a written memo—marked confidential and urgent-- to her office that would contain the same information from the president that he received....
2 Pages (500 words) Personal Statement

Analysis of Two Articles about Robots

There is also a subtract summarizing the content and objective of the article.... There is also a subtract summarizing the content and objective of the article.... RobotsMemorandumThe following memo is about robots and their impact on technology and communication as well as economic growth.... English language and is directed to the audience at the annual meeting of the American Association for the Advancement of Science in Chicago....
2 Pages (500 words) Assignment

The E.D.I.C.T. Framework Model in Management

Another approach is summarizing.... The objective of this research is to analyze the application of the E.... .... .... .... .... (entry, diagnosis, influencing, contracting and transition) influencing method in business.... Furthermore, the paper also discusses the main principles of operational management....
8 Pages (2000 words) Research Paper

Fly and Mosquito Management in Nepal

From the paper "Fly and Mosquito Management in Nepal," it is clear that untreated nets can also be used to protect one from being bitten by sandflies as well as mosquitoes.... The captured insects fed in the blood reduced significantly by 85.... percent where untreated nets were used.... ... ... ...
10 Pages (2500 words) Research Paper

Communication Skills

The paper "Communication Skills " is a good example of a management essay.... Communication is the transmission of a message from a sender to a recipient in a way that can be understood.... This paper reports an assessment of internal communication in the organisation.... ... ... ... The paper "Communication Skills " is a good example of a management essay....
11 Pages (2750 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us