MESUEM HILL INTERNAL MEMO

MEMORANDUM
FROM: Emerald consultancy firm
TO: CEO Meseum Hill
DATE: 20th May 2002
SUBJECT: THE ADVERSE EFFECTS OF RECESSION TO YOUR FIRM
The operations of all the businesses in all the industries have been affected by the hard economic times currently face
For your business to progress well, you need to consider the following notes:
· The estimated costs will change appropriately, variable and fixed costs thus the firm should set a c
· Fixed marketing expenses will also be expected to change thus your firm should assess these cost
· The income from gifts should be set at a lower value since gift is directly related to sales thus the
· Reduction of the costs of a ticket should be considered in order take care of drop in ticket sales
· Avoid bugeting on funds provided by the government since they have been cut off
· To ensure that your firm is not faced out of the market, the firm should invest on fundraising to in
· In order to build confidence of the firms employees, marketing need to be extended to create awarene
· Compare the production your firm and that of opponents to be able to engauge your production in
Yours sincerely,
Henry Chamber s
mic times currently faced by country.To respond efficiently to these adverse conditions, your enterprise needs to incorporate recq

the firm should set a considerable margin within which these expenses are expected to fall hence enhancing the firms' ability to
should assess these costs. These costs will assist your firm to reinforce your operations which will stabilize your firm
elated to sales thus the reduction of ticket sales will result to reduction in giftand vice versa.
of drop in ticket sales

est on fundraising to increase your level of income to help finance unexpected operations.
ended to create awareness of your firm among the public thus putting your firm in a better place in the competation with the ex
auge your production in such resilient periods
eeds to incorporate recquired changes to its operations. Putting into considerations the estimated budgets above,The firm shoul

cing the firms' ability to take care of any unexpected deviation .

ize your firm

competation with the existing and potential competitors.

s above,The firm should put in place policies and measurements to counteract all the influences that are likely to tamper with yo
ikely to tamper with your daily business activities.