Atlantic Lumber Traders Discussion
Please discuss the Atlantic Lumber Traders case study, focusing the following elements of the case:
- Identify the problem in financial terms
- Diagnose the cause(s) by identifying specific business practices or situations that created or caused the problem
- Prescribe possible alternatives
- Recommend a plan of action (decision/implementation) along with proposed financial metrics (ratios/measures) which would define improvement success
- State the importance and relevance of the case to the study of business.