Read the following cases carefully and answer each of the questions at the end of the cases. There are four parts in the assignment task each covering the required learning outcomes in the module. Case Study 1: OticonOticon is a Danish company which is the world’s second largest producer of hearing aids with about 1200 staff in Denmark. (The parent company William Demant holdings has about 4400 employees worldwide). Oticon has its own basic research and production facilities and stre … Lines were shortened and inventories cut back so much that the factory space has been reduced by 30%. All of these mean that Nice Cars was making cars at lower cost. In 1996 the company reported its first profit in four years after £200 million in losses.