To understand if the Timkin Tool Company could be selling all the tools needed by its target market, it is essential to research the question in detail. The investigation should involve a two-dimensional analysis: the demand for the tools on the market and the scope of the potential industrial capacity of the manufacturer. First of all, the company should initiate a survey or other method of feedback information collection. It will help to analyze the target market demand for the tools that the company already produces or could include in the manufacturing process in the future. The data received as a result of such intervention will help evaluate the exact tools needed. After that, it is essential to investigate the internal capacity, workforce, and technical opportunities to understand if the company can manufacture the tools identified upon feedback collection from the target market. Thus, such procedures will allow finding out if the Timkin Tool Company could satisfy the demand for tools.
Could the Timkin Tool Company be selling all of the tools that their target market needs, and how would you find this out?
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Academic.Tips. (2021) 'Could the Timkin Tool Company be selling all of the tools that their target market needs, and how would you find this out'. 12 September.
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Academic.Tips. (2021, September 12). Could the Timkin Tool Company be selling all of the tools that their target market needs, and how would you find this out? https://academic.tips/question/could-the-timkin-tool-company-be-selling-all-of-the-tools-that-their-target-market-needs-and-how-would-you-find-this-out/
References
Academic.Tips. 2021. "Could the Timkin Tool Company be selling all of the tools that their target market needs, and how would you find this out?" September 12, 2021. https://academic.tips/question/could-the-timkin-tool-company-be-selling-all-of-the-tools-that-their-target-market-needs-and-how-would-you-find-this-out/.
1. Academic.Tips. "Could the Timkin Tool Company be selling all of the tools that their target market needs, and how would you find this out?" September 12, 2021. https://academic.tips/question/could-the-timkin-tool-company-be-selling-all-of-the-tools-that-their-target-market-needs-and-how-would-you-find-this-out/.
Bibliography
Academic.Tips. "Could the Timkin Tool Company be selling all of the tools that their target market needs, and how would you find this out?" September 12, 2021. https://academic.tips/question/could-the-timkin-tool-company-be-selling-all-of-the-tools-that-their-target-market-needs-and-how-would-you-find-this-out/.
Work Cited
"Could the Timkin Tool Company be selling all of the tools that their target market needs, and how would you find this out?" Academic.Tips, 12 Sept. 2021, academic.tips/question/could-the-timkin-tool-company-be-selling-all-of-the-tools-that-their-target-market-needs-and-how-would-you-find-this-out/.