Q. Terry Wilson, a seasoned marketing veteran, has recently decided to explore growth options for Tuscan Treasures, an importer of Italian furniture. Profits are declining also Mr. Wilson must decide whether to downsize or expand to improve the situation. You have been asked to advise Mr. Wilson on which growth strategy would best aid Tuscan Treasures should he chose which route. You have also been asked to provide Mr. Wilson with a better understanding of Explain why profits have been down recently, including possible causes of the decline. He also desires to know illustrate what he would need to do if he decides to downsize he operation.
Part A: Provide Mr. Wilson with three possible growth strategies.
Part B: Illustrate what are the possible causes of his organization's decline?
Part C: Illustrate what are some recommendations for handling a downsizing?