Improving the Reputation of Inner-City Paint CorporationProblem StatementWhat strategic action can Stanley Walsh take to improve the status and reputation of Inner-City Paint Corporation? ObjectivesAnalyze Inner-City Current situation of Paint Corporation. Determine the company's strengths, weaknesses, opportunities and threats. Do 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 obtain a degree in management. He must learn employee empowerment and delegation. He must learn employee empowerment and delegation. The factory manager needs to be trained in leadership since he has no management experience. He should also start hiring a public relations specialist and a marketing specialist to improve these two aspects of the business.2. Facilities Improvements - Inner-City Paint's equipment includes three large mixers, two smaller mixers, machines in the lab and trucks. Mr. Walsh should buy more equipment so his consumers don't have to worry that their order won't be ready. It has sufficient transportation equipment. But he would have to buy a new blender and more lab equipment. To acquire all this he would have to take out a loan.RecommendationI would recommend the first alternative which is to improve management. Mr. Walsh was untrained and did not understand management. He could run the company when it was small. It was lost as the downtown painting grew. If Mr. Walsh took training, the company probably wouldn't be in such trouble. He understood how to grow the business and add employees where they were needed, but he lacked the trust of others..