Assignment $2($Group in class$)$

Course: MGMT$345-$ Total Quality Management

Total Marks: $05$

Date :

April $2024$

You are a manager for a XYZ chemical manufacturing and selling company. Its been in the industry for a long time, but has experienced declining revenues this year as Recently sales have dropped massively because of new waste disposal regulations, as well as it has been found out by industry research that business will only grow at $3\%$ percent in next five years.

Top management wants to understand from the quality perspective either to diversifying the business or retaining it after experiencing declining revenues. What can the business do to drive revenue especially after knowing the growth rate is slow?

XYZ will have a management meeting at the end of the week and As a manager of quality you will be presenting it to the CEO who wants answer and recommendation from you how to proceed and what could have been done to not be in the current stage.

There shall not be more than $6$ members in a group. WRITE down your answer with blue or black pen and in neat format.