Given scenario: Person X is the co-founder of the firm which is making electronic sensors. Even after one year, there is no rapid growth in the business. A major supplier stated that they are not going to supply the firm anymore, as they decided to serve only large customers. Currently, there is no order for the firm. However, there is a plan to introduce a new version of the sensor which would increase the purchase volume. To determine: The thing to be done by the co-founder for the given scenario.

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Chapter 7, Problem 1ESI

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Given scenario:

Person X is the co-founder of the firm which is making electronic sensors. Even after one year, there is no rapid growth in the business. A major supplier stated that they are not going to supply the firm anymore, as they decided to serve only large customers. Currently, there is no order for the firm. However, there is a plan to introduce a new version of the sensor which would increase the purchase volume.

To determine: The thing to be done by the co-founder for the given scenario.

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