Leo Ink is a company that produces stationery items.In order to remedy the current low-profit situation,the company plans to hire personnel and form a brand new marketing team.The labor market proves to have a shortage of qualified marketing personnel.In this situation,which of the following strategies could Leo Ink follow to make profits?

Question

Quizplus · Accepted Answer

Hiring qualified marketing personnel is necessary to improve sales and increase profits. As there is a shortage of such personnel in the market, offering higher salaries could attract and retain the necessary talent. Increasing the scale of production or branching into other items may not necessarily address the underlying issue of lack of effective marketing. Continuing in the present state could lead to further decline in profits. Therefore, option A is the best strategy for the company to adopt.

Leo Ink Is a Company That Produces Stationery Items