Value Gap Of Huawei

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Gaps Space gap • space between the business and the customer • Other countries cant access the Huawei product even though others can have the product because the segments of Huawei can reach those places Information gap • Gap between the product and the customers knowledge of the product • Consumers don’t have enough information about the product Value Gap • The value that they products holds • Some products are expensive and consumers won’t be able to buy them if the quality is low • Huawei products are reasonable, there are expensive ones with good quality and the cheap once have low quality Time Gap • Time when a product is made available • The period that customers would want the product • Huawei products are always available that why…show more content…
banks and lawyers Q.2.2)Social responsible is a program that maintains that businesses are part of the society in which they live in…“the company has provided fellowships to China, donated laboratories for local colleges and funded small and medium-enterprises through incubator project’ ’They hire locals because they know the environment and customer’s demand. Q.2.3 • Current customers-They should have loyal customers all the time, and they should be able to treat customers well • Potential customers- • Suppliers-Customers are very important in a business because they provides the business with products and services of good quality and delivers any time they are needed • Potential employees-every business has its employee requirements, employees must be trained for better performance and production • Current employees –they are already part of the business, they already know what the business is all about and they should be treated well(remuneration ,motivation) 2.4) Contingency planning Contingency is an element of planning that involves developing plans to provide an alternative to the main plan if it failed. It is more like a plan B, for unplanned…show more content…
Evaluation assists managers to identify errors/mistakes so that they can rectify them. Evaluation is important because it helps the business to identify and determine which business areas needs improvement and it improves brand awareness. Managers do evaluation to ensure that the business has reached its goals and objectives QUESTION 3 3.1.1) MICRO ENVIRONMENT If a business doesn’t have a mission nor vision then it will show that the business doesn’t have direction. When hiring locals Huawei should train them because unskilled workers could cost a business. If they don’t add any features in their products when it comes to Brand extension, then customers will be bored of the same old product. Not using different segments would lead the business to failure. Target market also can be a problem to Huawei because the products that they produce are only for people who are technological advanced MARKET ENVIRONMENT SUPPLIERS-Huawei doesn’t have control over suppliers but suppliers have control over the success of a business because they are the one who supply materials to
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