**Benefits:** Faster time to market, reduced risk, improved quality, faster feedback, happier teams.
**Challenges:** Requires high automation, strong collaboration, cultural shift, investment in infrastructure, and robust testing.
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The problem could be due to factors like decreased demand, increased competition, poor product quality, or lack of innovation. To increase revenues, I would suggest:
1. Conduct market research to understand customer preferences and trends.
2. Improve product quality and features based on feedback.
3. Innovate by introducing new models or technologies (e.g., electric vehicles).
4. Enhance marketing strategies to reach a broader audience.
5. Explore new sales channels, such as online sales or partnerships.
6. Offer promotions or financing options to attract more buyers.
Business Process Outsourcing, or BPO, refers to the process of contracting standard business functions to be handled by a party outside of the company.
BPO is the abbreviation for business process outsourcing, which refers to when companies outsource business processes to a third-party (external) company.
i improve my skills and i see u r company feed back it all are good with your company so i can join ur company