Need some important advice to save a company.

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Canon-Gatorade

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#1 Canon-Gatorade
Member since 2013 • 153 Posts
I am the Admiral Executive(Their name for CEO) at this company, and I am basically the one that steers the ship in the right direction, but I have an issue that does not make sense to me. I have been on board nearing 3 months, and the company was at an all time low when I got in, and I have so far halted going down any further successfully, which gave me time to find out what is going on with the income of the company. So the used Phones and Prepaid Phones, our "Worldcontact" department of the company, which has 2 stores in the area, are the products that bring in the most revenue, but is the main cause of use being in the Red. This means that the Shoes, Computer Parts, the MP3, and the Sporting sections are all making profit, seems obvious right? So what I was thinking it the following: To take a loss on the phones by cutting the prices, but if we make double the revenue we will make up for it. That is a pretty good plan right? But then, why are the stocks getting lower? And why are some of our star investors leaving or thinking about leaving? Because if I cut prices anywhere else, it would cause much more pain than cutting the phone section. Now, if we say, take out the MP3 section for example and stop selling, that will cause a shortage of what is causing us to barely stay afloat in the first place, and we have been booming with sales of the phones. So what the heck? Why is this causing stocks and Investors to start jumping out of windows?
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frannkzappa

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#2 frannkzappa
Member since 2012 • 3003 Posts

I am the Admiral Executive(Their name for CEO) at this company, and I am basically the one that steers the ship in the right direction, but I have an issue that does not make sense to me. I have been on board nearing 3 months, and the company was at an all time low when I got in, and I have so far halted going down any further successfully, which gave me time to find out what is going on with the income of the company. So the used Phones and Prepaid Phones, our "Worldcontact" department of the company, which has 2 stores in the area, are the products that bring in the most revenue, but is the main cause of use being in the Red. This means that the Shoes, Computer Parts, the MP3, and the Sporting sections are all making profit, seems obvious right? So what I was thinking it the following: To take a loss on the phones by cutting the prices, but if we make double the revenue we will make up for it. That is a pretty good plan right? But then, why are the stocks getting lower? And why are some of our star investors leaving or thinking about leaving? Because if I cut prices anywhere else, it would cause much more pain than cutting the phone section. Now, if we say, take out the MP3 section for example and stop selling, that will cause a shortage of what is causing us to barely stay afloat in the first place, and we have been booming with sales of the phones. So what the heck? Why is this causing stocks and Investors to start jumping out of windows?Canon-Gatorade

Do you have a towel??? cause if you don't there is no saving you

oh and

DON'T PANIC

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VanHelsingBoA64

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#3 VanHelsingBoA64
Member since 2007 • 5455 Posts
just pray lmao
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VaguelyTagged

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#4 VaguelyTagged
Member since 2009 • 10702 Posts

lolz, and you came to OT?

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userzero

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#5 userzero
Member since 2008 • 167 Posts

Hi Admiral, you've come to the right place. I suggest you diverse all your stocks, close all underperforming stores and then ask System Wars on ways to boost income levels to get you back to black!

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Canon-Gatorade

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#6 Canon-Gatorade
Member since 2013 • 153 Posts
Well see, if I leave (within the current agreement) many people will lose their jobs, and the 2nd store, (which oddly enough brought in more money) would be completely shut down, and who know how many more will lose their jobs, and I still get a benefit for leaving while they do not. This is why I want to know WTH is going on.
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deactivated-5f9e3c6a83e51

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#7 deactivated-5f9e3c6a83e51
Member since 2004 • 57548 Posts

Does you company consist of you, your friend Hugo, and a treehouse?

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Canon-Gatorade

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#8 Canon-Gatorade
Member since 2013 • 153 Posts

Does you company consist of you, your friend Hugo, and a treehouse?

sonicare
Haha, it has hundreds of people. Never thought I would meet people that would not mind people losing jobs for unexplained reasons.