Comment to Peer Response DQ1DA and DQ2 KD Essay Example | Topics and Well Written Essays - 250 words

Comment to Peer Response DQ1DA and DQ2 KD - Essay ExampleWhen this other companies joined the cereal production the company realized a shortfall in its earnings with a drop of about 6% sales due to continued competitive pressures in the ready to eat ice-cold cereal market, and the reduced sales. Customers have also faced a short based on the value and nutrition. This also creates competition to the companies due to deal-seeking on purpose the largest market (Michaels, 2011).Addressing the issue of fresh entrants into this kind of market calls for critical managerial skills with critical analysis is the present market (White, 2008). The managers should anticipate the actions of others (Shubik, 2009). An increase in hurt by other companies especially top dogs will lead to the company also adjusting its market price. In the cereals industry General mills announced a price increase in the price by +4% on 25% to 33% of its products. Kelloggs is likely to respond the same way.The strate gies set to ordinate the sales back on track will ensure the reinvestment into the business, with the lowering of the up-front cost of shares to 12 cents the internal growth will be expected to turn up with the general improvement in category trends such as product promotions to the outside world. This will ensure that the 4.5% fall in customer demand is raise for the company to begin making profit (Friedman,