Business development

Q1. Identify three key characteristics of the marketing concept. A. Marketing is very important and a key concpet in creating a succesful business. "Marketing is the management process responsible for identifying, anticipating and satisfying customer requirements profitabily". The marketing concept states that success is achieved by identifying needs and wants of the target market satisfying them better than competitors. The three characteristics are: customer satisfaction, total company profit and

political environment is a very influential factor that affects the business performance of Exodus and Company. It creates and applies policies and regulations that the business has to perform alongside with. Tax policy is a common external factor that businesses face. Paying taxes is a constant drawback that Exodus and Company faces. With Zimbabwe looking at 49 tax payments per year and impacting profit costs at 32.80%. (Doing Business). The ease of gathering all those payments is difficult with the

manage with the emergent opportunities in order to construct their expansion strategy, Ericsson in the counterpart designed their corporate strategy based in analysis and planning, “The Company made a bold strategic change, forming an entirely new business area, Ericsson Information Systems”. Their strategy included the acquisition of new technologies, resources, etc. Ericsson’s designed strategy failed, “…but the market growth predictions faltered immensely and so did profit expectations”. As result

non-governmental organisations (e.g. the Fair Labor Association) and rectifying their mistakes (Beder, 2002). It is obvious that Nike fared a long way since the scandal as it is now one of the most prominent sportswear brand. This underscores the relevance business reputation— that it is a necessary component, which enables businesses to increase profits. Nevertheless, per UNICEF (2016), child labour remained pervasive in society; it is estimated that there are 150 million children engaging in labour, where

am very pleased that the business is doing very well so far. Since we have developed a marketing strategy for the business we can now consider another strategy that can improve the business marketing plan. Let me give some of the details on how we are going to utilize the social media and how it will affect the business. Furthermore, we have developed a strategy plan for Book Bunker and also recommended the use of Customer Relationship Management which helps the business to improve its sales and

STRATEGY AND POLICY By Course Tutor University City, State Date The modern world keeps advancing at a tremendous rate in various dimensions. Most notably, the globe is undergoing transformations regarding technology, and a wide range of developments have been made in this field. In this regard, different companies have embraced the utilization of technology as a means of expansion and smooth operation. Different governments have enforced a variety of technological moves to help run countries

includes the support of brand growth and distribution budget of $175M, meeting and exceeding the customer service goal of 96.7%. My direct leadership includes driving performance to target in the key indicators for supply chain oriented measures: development and formulation of long and short-range planning, policies, programs and objectives related to supply

student, my dream is to open up my own business. Creating a reasonable and profitable commercialization model will attain the result with half effort. It is extremely important to study a lesson: With the rise in labor costs, raw material prices and other costs, many enterprises used to pursue technology leadership, differentiation and low cost strategy has been difficult to adapt to the requirements of enterprise development. Facing with the new business environment has become increasingly uncertainty

these will personal savings that Crystal and I has saved over time. This will cover start-up cost for the cleaning business and hiring the first set of employees. We can get more funding if investors see what our companies vision. The people that will believe in our vision will in the beginning will be friends and family. Our best bet is to get our own money together and start our business. This is a good idea due to the fact, which many banks are not lending as they used too. This is due to many other

am hoping to generate the quality of associates that will help build the business within the community to one of the top producing real estate agencies in our area. By finding quality associates and not basing my plan solely on quantities producers I believe the reputation will be the key to success for my business. “We are proud to offer what we feel are the finest homes in the country. *Finally, we believe that our business can be successful for generations only if we continue a Tradition of Trust”