By fully managing the organization and their effectiveness and efficiency Kundlers can obtain the overall business intelligences goal of the mission. The marketing strategy should look at and use a competitive intelligence to accomplish these goals. The strategies of understating and knowing productive organization can give the upper hand with knowing the competitors market. Also by viewing the competitor’s sites, stores, and marketing strategies Kundlers can achieve the mission they set for their own business to excel past the competition. Analysis within a business should serve as a vital function.
Penny. This company provides goods. Their business activities are to be the customer’s first choice and to enhance the quality of life by being bigger and bolder. The following paragraphs will show the financial and organizational information of J. C. Penney. J.
Having at their side another company advertising and selling their products will provide the opportunity to expand their market. In addition, this decision will provide clear information to the shareholders of the company’s intentions to grow and of its economic stability within the market. On other hand, merging with another company will definitely attract more customers and will increase their sales. These strategies will help in the company’s position before the globalization and will minimize the risks when important financial decisions are
Customer service must continue to be the main focus on Kudler Fine Foods, as profits increase the utilization of technology will be able to increase efficiencies, cut cost and labor. As the business continues to grow the importance of implementing technology will become more beneficial in order for customer service to remain the primary
The organization enjoys an image as a value-branded confectioner that passes its savings to the customer (Kimmel, Weygandt, & Kieso (2009). To deliver the best quality product, the company invests in updated equipment to maximize production efficiencies. To continue to maintain its positive marketplace image to consumers and vendors, TRI will use the loan proceeds to further update equipment and incorporate advanced
It is measured by the performance and quality of the newly repaired A/C or pipes. 2. The marketing sector should create a perception of the a business that offers exceptional customer service and strives to satisfy their customers´ needs, no matter what their problem may be. They need to make potential clients aware of their services and have them correlate the premium price for the premium service. The finance division of De Mar has to make sure that the products´ cost is high enough to cover the expenses of the personnel that are available 24 hours a day.
Merit: Increased productivity in processes, procedures, and profits. Design a strategic plan that will encompass all departments and functions (primary and support). Such as TQM, where HRM strategy would be aligned with our competitive advantage. If we are a cost leader, then develop compensation strategies that will focus on resource and time
10/16/2014 BUS 302 Individual Assignment 3: Sephora Assuming Bornstein gets the additional funding, Bornstein should be excited about all the opportunities these new technology platforms offer, but also keep in mind about the importance of balancing brand building and sales increase. Consumers have the freedom to shop anywhere they want to making brand loyalty a personal choice. With such a variety of brands and competition it is important as a brand to stick out and appeal to their customers. Being able to connect and satisfy the wants and needs of your target consumer is a skill that leads to great success within any company. During a time of rapid digital growth, it has become almost necessary to become familiarized with various digital platforms as means of communication and marketing.
Customer service is something we do for customers that improves the customer’s experience and that happens before, during and after a purchase of services or products. According to Harris (2010) customer service is essential to any business because it will guarantee that the customer will give you good feedback and with that you will have a great reputation. Great repetition of the business will make for more business by new customers, and will keep your older customers returning. Another reason it is important is because customers are key to your company’s success. A positive customer service experience I have had personally was when I called my credit card company to dispute chargers.
The company has developed a strategic plan which enables the company to relocate the store shelves of Best Buy based on the behavior of the market. Best Buy has created niche segmentation to each store making the profit of the company grow bigger because of diverse target markets in each location. The company has also developed a reward zone program which allows the customers to earn points and receive gift certificate for future purchase (Pride, 2008). Resources and capabilities that allow the firm to complete important tasks are one of the strengths of the company. Best Buy is able to effectively manage the flow of its inventory that helps them complete the important task of having the right merchandise on its shelves for customers to buy.