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For this assignment, create three diagrams of your company using Visio software. * Diagram 1: Status quo of the companys problem as seen in Week
For this assignment, create three diagrams of your company using Visio software. * Diagram 1: Status quo of the companys problem as seen in Week 1; include the problem owner(s) and stakeholders in your diagram * Diagram 2: One solution alternative and how it will interact the problem owner(s) and stakeholders * Diagram 3: A second solution alternative and how it will interact with the problem owner(s) and stakeholders Here is solution Este Lauder is a multinational manufacturer and marketer of prestige skincare, makeup, fragrance and hair care products. The company has been facing a significant problem in recent years: a decline in sales due to changing consumer preferences and the rise of independent beauty brands. Consumers are increasingly seeking out natural, organic products and are often drawn to smaller, niche brands that offer these. This has led to a decrease in market share for Este Lauder. There are several alternative solutions that Este Lauder could consider to address this problem. One potential solution is to develop a new line of natural, organic products. This would allow the company to tap into the growing market for these products and potentially regain some of its lost market share. Another possible solution is to acquire or partner with smaller, independent beauty brands. This would allow Este Lauder to benefit from these brands' existing customer base and reputation for natural, organic products. Please create diagrams related to the solutions mentioned above
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