Based on the calculated internal rate of return, my proposed intervention would be geared towards improving the project’s profitability by increasing its cash flows. This intervention’s objectives would include:
1. Effective pricing strategies can maximize revenue and profits by reducing costs and adding value to services.
2. Utilize technology to automate processes and reduce costs.
3. Designing better experiences for customers with innovative products or services will improve customer satisfaction.
4. Spend money on marketing campaigns that build brand recognition and loyalty with target audiences.
5. Develop reliable partnerships with vendors that can provide quality materials at a lower cost for the project’s components.
Focusing on these five targets, I aim to make the project profitable and ultimately acceptable despite an initial IRR that was negative.
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