The assembly department showed growth in a few areas from last year. The market shares showed a steady improve in North America and Latin America. The strategy employed last year was to be able to offer a product that is cost effective for the …show more content…
Based on competitive pressures in the entry –level market, the LCD display size was increased to be above the average compared to last year while the lens quality was slightly decreased to remain consistent with the industry average. Research and Design funding was also increased to improve the camera and increase productivity in future years. Multi-featured cameras also received design changes with an improvement in
LCD display and a change in lens quality to be more in line with the average for the industry. Similar to entry-level, research and design funding was also increased to improve the camera and increase productivity in future years. These changes, coupled with changes in marketing will result in revenue and market share growth. Corporate citizenship changed slightly we increased the energy efficiency donation to $4000 and opted out of the Green Initiate program for decision 7.
In compensation and labor, the intent for year seven has been to take a different approach. We have opt to minimize outsourcing and rely on overtime and focused on this heavily in the 3rd quarter. The costs of outsourcing have an additional $25 dollars per assembly plus the assembly cost, we feel