Blue Ribbon Case Study Company Case Study

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Analysis

The problems that Blue Ribbon Foods is facing are quite clearly direct results of the environment in which the company is operating and the company's position in terms of its product acquisition. If a more consistently high-quality product had been obtained by the company it could meet the large demand for whole canned tomatoes, and if demand in other areas was more solidly predictable the company would be able to make more efficient choices regarding the product it does have available. Other problems were created or exacerbated solely through the internal actions of the company itself, such as a lack of adequate accounting and forecasting measures, the securing of a product purchase without quality ascertainment or matching with demand, and a seeming lack of clear product focus.

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Recommendations and Implementation

It is recommended that a more accurate forecast of potential profits be conducted, including the valuations of different product allocations methods for the company. The cost of purchasing additional product should also be considered, as there is a potentially higher profit margin and absolute profit if this purchase is made. No matter what plan the company decides to pursue, there are always risks that the demand will not meet the forecast, therefore the company should not commit its entire product to any plan ahead of time, but should produce at the last possible minute to ensure that it can respond to changes as they occur......

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Latest APA Format (6th edition)

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"Blue Ribbon Case Study Company" (2011, October 13) Retrieved May 22, 2025, from
https://www.aceyourpaper.com/essays/blue-ribbon-case-study-company-46389

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"Blue Ribbon Case Study Company" 13 October 2011. Web.22 May. 2025. <
https://www.aceyourpaper.com/essays/blue-ribbon-case-study-company-46389>

Latest Chicago Format (16th edition)

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"Blue Ribbon Case Study Company", 13 October 2011, Accessed.22 May. 2025,
https://www.aceyourpaper.com/essays/blue-ribbon-case-study-company-46389
   

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