Blog entry 7

This week our company dropped from the first in our world to the second in our world. Well company 7 came from nowhere and killed us all and got to the top which made us to be in the second place we tried to have a comeback but we couldn’t. They moved to the first place in the last two quarters which made it harder to us to comeback and fight for the first place. But let see this in the bright side in losing there are always a good side because you learn from your mistakes and that what happened company 7 were in the bottom in the first year so they learnt what they did wrong and started fixing it but we saw what we did wrong in the end of year 4 which didn’t give us enough time to fix our problem. The last week was really tight we had only 2 hours to work on our decision and to submit it. So saud printed the report and gave it to me and so I can work on the sales forecast, the new prices, advertisement, hire new sales people, increase their commission and their salaries. We tried to finish our decision in hour or hour and a half at maximum so when we upload the decision we have time to revise it. The lesson we learnt that made us lose was the sudden increase in price in the last quarter were we increased the price by $2. Also our production cost was very high comparing with our competitors because we were producing in merica and our competitors were producing in sereno the exchange rate decrease. I was saying that we lost even though we finished second but in my dictionary as sport men second is the same as last either you finish first or finish last.