Improve the reputation of Inner-City Paint CorporationProblem StatementWhat strategic step can Stanley Walsh take to improve the situation and reputation of Inner-City Paint Corporation?ObjectivesAnalyze Inner-City Situation current of Paint Corporation. Determine the company's strengths, weaknesses, opportunities and threats. Perform an industry analysis on Inner-City Paint Corporation. Conduct a financial analysis of the Company. Recommend alternatives that will determine the best solution to the given problem problem.Alternatives1. Management Improvement: Mr. Walsh should pursue a bachelor's degree in management. He needs to learn employee empowerment and delegation. He needs to learn employee empowerment and delegation. The plant manager needs to be trained in leadership as he has no experience in management. He should also start hiring a public relations specialist and a marketing specialist to improve these two aspects of the business.2. Facility Improvement: Equipment at Inner-City Paint includes three large mixers, two smaller mixers, machines in the workshop, and trucks. Mr. Walsh should purchase more equipment so that his consumers don't have to worry about their order not being ready. It has enough equipment for transportation. But he would have to buy a new mixer and more laboratory equipment. To acquire all this you should take the loan. Recommendation I would recommend the first alternative which is to improve management. Mr Walsh was untrained and did not understand management. She knew how to run the business when she was little. It got lost as the downtown paint grew. If Mr. Walsh did some training, the company probably wouldn't be in such a mess. He figured out how to expand the business and add employees where needed, but he missed trusting other people.