A TOP executive of a leading automobile company was exasperated by the repeated delays of his fellow managers in “shifting” the unsold stock of cars they had in their Malaysian operations.
He had told them a month ago to start diverting the unsold stock of cars to Europe and the US or any other parts of the world where demand is strong even at a loss. He wanted to clear the old stock, free up the balance sheet of debts and start re-working the numbers for next year’s business plan.
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