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The importance of ethics in a business
ethics and corporate performance
ethics in business present day society
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Customer and Market Analysis
Customer analysis is the assessment of information associated with customer needs, habits, requirements, and market trends. This is usually completed in three phases, evaluating before, during and after the acquisition. These phases are typically accomplished through consumer focus groups, gratification measurements, and field-testing. Moreover, market analysis can be best described as a comprehensive examination designed to forecast or forestall the direction of stocks, bonds, and the product market, typically based on technical data.
My company definitely has the ability addressing the “experience” aspect of most consumer needs. Experience is always needed when working with computers especially when dealing with the infinite number of malware, trojans, worms, rootkits, and corrupt computer problems. Although my company will always adhere to any state, federal and government laws regarding equal rights, that does not mean I cannot hire people with unparalleled computer experience. After all, consumers demand, need, and expect a higher level of experience when working with computer companies and repair shops. This is especially true when computers and there boundless accessories are getting even more high tech in today’s ever changing world of technology. My company will ensure that every computer issue will be resolved regardless of how long it takes. Furthermore, this is where experience, dedication, and reliable service come into play.
The target market for my products and services are boundless because of the countless uses that computers and there numerous accessories offer to the masses. Unfortunately, there is no current documented statistics on what the average age of computer ...
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...anding the marketing mix is undeniably crucial in today’s economic infrastructure. Direct marketing along with the push and pull method is also critical for the success of any company, especially if the business wants to succeed. The most important and fundamental aspect of opening, maintaining and running a business is acknowledging and following all ethical rules and regulations. Although these rules, guidelines, policies, and regulations are strictly adhered to in most companies, it is hard to deny that individuals still ignore them. Nevertheless, every single employee of mine will definitely be held accountable for all rules, guidelines, and regulations set forth by the company, regardless of position or authority.
Works Cited
Nickels, W. G., McHugh, J. M., & McHugh, S. M. (2010). Understanding Business (ninth Ed.). New York, NY: McGraw-Hill Irwin
Kaplan, R. S., & Norton, D. P. (2000). Having trouble with your strategy?: Then map it. Harvard Business School Publishing Corporation.
...es, their managers, and their employees all act accordingly and fairly when selling products in the market place. According to Hekman (2011) in 2010 alone the BBB received over 25,000 complaints from consumers and success rate nearly perfect at 84% for creating a binding resolution for the consumer. This shows that it can help shape ethical behaviors in business, by working with managers and clients to create a mutual understanding of expectations from the general public of a company.
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Every business must identify its customers in its marketing plan. The customer analysis performed hereafter shall interrogate the characteristics of the potential customers of the products by LifeVantage and the current and emerging factors that influence their buying behavior.
G. Nickels, W., M. McHugh, J., & M. McHugh, S. (2013).Understanding business. (10th ed.). New York, NY: McGraw-Hill/Irwin.
Bagley, C., Dean, A., Stubbs, L. & Gardiner, M. (2011) BTEC National Business - Student Textbook.
Lawrence, A. T., & Weber, J. (2014). Business and Society (14thth ed.). New York, NY: McGraw-Hill Companies Inc
Business Studies , Vol. 36, No. 5 (Sep., 2005), pp. 519-538, JSTORS. Web. 4 Apr. 2012
Contemporary Business 15th Edition 2013 Update, Louis E. Boone (University of South Alabama), David L. Kurtz (Univ. of Arkansas), November 2011, ©2012
The Journal of Business Strategy, 13, 5, 38-44. Retrieved July 7, 2008 from EBSCO database University of Phoenix Apollo Library.
Marketing Analysis is “the study and evaluation of market trends. The goal is to determine what products a company should produce and how to sell them. Business strategies and tactics
Different Types of Customers Business facilities are used by a wide range of individuals including those with special needs, such as disabled and deaf people. All of these people want a high level of customer service. To provide a high level customer service, I need to identify the following different types of customers: * Children * The elderly * Foreign customers * Physically or mentally disabled * The deaf * The blind * The know-it-all Children Businesses, such as Barclays need to treat children fairly because, they are tomorrow’s customers and businesses should treat them with care as they do to older customers. People who are working for an organisation should always remember to: * Use simple language and vocabulary * Help them with money and to deal with their change, if necessary * Use their name if the staff member knows it * Distract them rather than rebuke them if they behave badly The elderly When dealing with elderly people, they do not want staff members to talk down to them as if they are less worthy.
Robbins, S. P., & Coulter. M. (2014). Management (12th ed.). Retrieved from: Colorado Technical University eBook Collection database.
McHugh, J. M., McHugh, S. M., & Nickels, W. G. (1999). Understanding business. (5th ed.). New York: McGraw-Hill.