Business model

often the technical features and cost of the product or service offered are almost identical. In this case, the quality of the customer service offered alongside the product or service makes a large difference to which business the customer chooses. You should ensure that your business makes the best possible use of the competitive advantage that can be gained from offering a superior customer service to competitors. The value of using customer service as a competitive…

Kantanka Motors Kantanka Motors being a Small to Medium Enterprise, faces unique challenges in its immediate business environment. The company will necessarily have to deal with the prevalent forces to drive change if it is to survive, grow and meet the expectations to create investment and employment opportunities. Within this environment are important business success indicators which the business will have to adapt to chiefly, successfully adapting to the change from technological advances,…

efficiently. And he/she is responsible for the profit or loss of the company as well. Midland department deals with works of MINDef and market in China. The Commercial Business Development deals with facility management, Project & construction and energy management. The Corporation and Business Development deals with corporate strategies, business development and corporate…

Porter’s five forces model of Samsung It is very important for business success to understand and face market competition. This competition is not limited to rival firms but firms have to face different forces in an industry. According to Porter, competition in an industry is composed of five forces. Bargaining power of customer, bargaining power of suppliers, threat of substitute products, jockeying for position and new entry in the market are those forces. Samsung is an international firm so…

Next, let us understand the role of each of these positions. The Sales Manager or the SM’s role is to achieve the national business goal and earn the stipulated profit for the Business Year (BY), through a team of 6 RMs, with 8DMs each, with, in turn, 10 TBDs each. His is a totally visionary role. He sets a goal regarding how to earn total stipulated profit through what strategy for each brand. He sets a value goal for each of his BMs as per his decision on percentage sales growth for each…

role customer satisfaction played in BT’s total quality journey. In today’s world of competition, customer satisfaction is the only baseline for the survival. Customer satisfaction is considered as the most important factor behind the success of the business. The level of satisfaction among customers after consuming the product or services rendered by the BT and the quality factor helped them out in remaining competitive in their respective market. If a company provides quality in services it…

company source, way of operating and relationships with customers. Instance can be referred to patents, copyrights, franchises, goodwill, trademark, brands names; it leads to save the enterprise and can call the cost of intangible assets and certain business. Intangible asset is unrecognized accounting reports. The concept intangible success factors are refers to managerially relevant intangible assets and also to the activities related to improvement. This objective of the research question is…

Business Analysis is a set of tasks and techniques used as a connection between stakeholders. These help them to understand the firm’s structure and policies. The process can also recommend solutions which help to attain business goals. (Makos, 2015) For the purpose of my research I will use a business analysis tool which I studied in P3 & that is SWOT analysis. SWOT is an acronym for Strengths, Weaknesses, Opportunities and Threats. SWOT Analysis This is often used in the initial stages. SWOT…

Influence of Customer Loyalty to Marketing Strategy When there is a business, there is a customer. To keep it running, there must be a healthy relationship between the business and its customers. Customer is the one that gives life to a business and they are the one who will determine every business’ success. As time pass by, many businesses have arisen either big or small in response to the changing needs and demands of customer. Population growth are increasing and calls for additional…

Business Strategy (Author’s name) (Institutional Affiliation) Business Strategy Question 1 Costco's adopts a business model that is based on a best-cost strategy. Basically they utilize low-cost provider approach which consolidates that with making quality for the different partners by concentrating on incredible client benefit, a strict code of morals, regarding suppliers, remunerating shareholders, treating representatives like family and an in number feeling of ecological stewardship.…