Communication during the promoting should be in very good way, so that customers can easily understand about products values. Customer dealing and service is another major part because handling the customers in a good manner improves the image of the company and product as well. TASK-4 Q-4.1 Ans- there are two types of market research’s Primary research- it always takes more time and it is very expensive. It meets the particular needs which is very helpful. Secondary research- it is very cheaper and always takes a less time.
It’s a feeling of satisfaction and accomplishment, especially when it comes to shopping. Not all Americans are too attached to their stuff, we cherish the hard work and the many hours we put in to earning these goods. Time doesn’t wait for no one, trends change and upgrade every day; with lack of education, entertainment and the advertising industry it’s easy for us to get influenced and unconsciously sucked into the treadmill of consumption. If people were more educated on the consequences of their actions when it comes to the consumption of stuff; the world would probably be in a better place, especially financially. Most Americans might think taking out the trash is one of the easiest chores to do, and although it is the crisis of what happens to these materials after they’ve been thrown out is the issue.
Due to Wal-Mart’s superior ability to order inventory on demand, they are in a position to also meet customer demand better than their competitors. This is especially true with fad products, because they are only popular for a limited amount of time when they become unpopular they can leave massive amounts of inventory that nobody wants to purchase. Due to Wal-Mart’s superior supply chain and their technology they are better able to avoid carrying an oversupply of fad items, and regular items as well.
Packages can also draw the consumer to the good and increase the merchant’s sales. Lastly, packages offer convenience. It is no longer necessary to go to the market every day to buy fresh produce. Customers can now buy their food and store it in its packages for quite a long time. The website also states that packages help keep messy foods and things off of our hands and simply makes things easier for the consumer (Tetra Pak).
The phrase Brand loyalty refers to consumers sticking with a brand out of feeling of commitment for that brand. "Consumers attachments to certain brands are so powerful that this loyalty is often considered as a product attribute in and of its self”(Solomon). Solomon’s quote, is showing the attachment that people feel when they purchase a product for a long time, and are still very happy with it, is a huge plus in its self. People enjoy the luxury of not having to scavenge around the supermarket in search of a new product. Brand loyalty is also very attractive to the companies since they enjoy their work being easier, and less costly.
• There is less stress while doing the work in a team and also if there is a problem in the organization then that problem is sought out easily by whole team and there is also more creativity in the work as compared to the individual work. COMPARISON, HOW TEAM WORK IS BENEFIT OVER INDIVIDUALISM? In the other hand, individual work is also good form of the work because the person can do their work independently by their own will without any limitations but as compared to the team work, the team work has more benefits than the individualism in the business organization that I explained in the points above the paragraph like workload is less, has more ideas, sought out the problems easily and so on. So, the work in a team has more benefits as compared to the work individually. (JoSTrans) Summary To summarize this, I would like to say that doing work in the team as compared to individual work in the business organization is beneficial because there are more benefits like more ideas, easy and reliable, decrease in workload, solve the problems easily, better outcomes in the business and so on.
In the simplest terms, the business has one less bill to pay if some routine maintenance is done on a monthly or quarterly basis rather than once a week. In addition, there is no need for the service people to transport themselves and their equipment in fuel intensive and polluting vehicles. Each of the above choices requires a cost benefit analysis by the office decision maker. In the long run the business will definitely benefit and, more importantly, perhaps, the environment will see immediate benefits. In short, they provide an easy way to provide a “greener” and cleaner office.
Jupiter Research analyst Gary Stein states, “A few years ago, it was kids with green hair selling ads, now Internet ads are mainstream, and part of every company’s media buy.” Although online ads aren’t going to overtake the traditional advertising mediums, the segment is growing at a rate of 7.7% a year. Within the next two years, analysts predict online advertising will be worth nearly $14 billion and will surpass the magazine industry. Online ads offer companies the ability to track every click consumers make through a website and offer the ability to immediately measure an ad’s effectiveness. Other mediums, such as television are feeling the pressure to be more accountable. Until recently, television ratings were never available in real time; however, Nielsen Media Research has implemented technology that allows for minute-by-minute feedback in selected local television markets.
The staff must be expert to make all the works run smoothly. In a conclusion, computerized filing system is very beneficial, although it would trigger drawbacks. The computerized filing system is fast, can save space, help the organization to organize their records and improve their services. Although it has disadvantages, it can be solved. Thus, it should be used by the organization as it can help to improve the organization itself and have many benefits.
A phone is no longer a phone as manufacturers add features like cameras and video. Even something as simple as the ring tone is becoming ornate as you download your favorite songs to create a personalized ring. But what features of the future will find success and more importantly, as these features increase the cost of the phone, what will people be willing to pay for these new features? The technology lifecycle shows us that there are different segments of the buying public each adapting to new technologies at a different time and price. Industry observers say the market for mobile entertainment in the United States, which lags behind much of Asia and Europe, is about to take off because of technological innovations, an increase in the quality and quantity of content, and customers who are slowly becoming aware of features available on their phones.'