You were recently hired as a MANAGER of a company
Question:You were recently hired as a MANAGER of a company (a firm) that is facing a number of managerial issues and subsequently finding it difficult to make economic profit. The issues include:Resource misallocation;Manager-worker problems;3. Threat of competitorâs takeover;Government regulations; andPoor pricing and output decisions.From your experience and the knowledge gained from this course, critically analyze how each of the above can impact the firmsâ sustainability and identify the appropriate strategic steps you will apply to revamp this company.Directions:The Essay should be formatted as follows:Times New Romans, 12 point font size and double-spacedPage limit: 8-10 pages (excluding cover page and reference page)Insert page numbersInclude cover and reference pages