Does Friendship Help or Hurt a Good Boss-Employee Relationship Employees treasure a good relationship with their bosses, and vice versa. However, what many don’t know is that friendship does not promote a good employer-employee relationship. Yes, you read it right. Bosses should not be friends with their employees if they were to maintain a healthy working relationship. Here are several reasons why friendship between employer and employees can hurt the business.
Therefore, the company should ensure that all the staff members are highly qualified so as to boost the confidence of the customers. In conclusion, the customer- based brand equity model is an important platform that may help in building a strong brand. It could assist a company in assessing its progress as well as providing a blueprint for marketing research activities. If properly planned and implemented, it could help the company in achieving its marketing strategies and in the realization of an increased profit margin (Grover & Vriens 2006, p. 147). .
Satisfaction of customers is always necessary .satisfaction is the extent to which the actual use of a product matches the perceived value at the of purchase. Good style and design of a product always attract the customers. And it improves the performance of product. It also gives a product a strong and competitive advantage in the market. It must have some different and good features than other watches so that customers can buy it.
They are also realizing that their customers are very important to the success of their firm and are striving to fix any problems associated with their actions. They are trying to create value for their customers by building strong relationships for more reasons than just the idea of profits. A business’s marketing aim is to build specific relationships with the “right” customers. It is essential to create value for these targeted customers and to obtain a higher customer equity. Two things that Office Depot should do to move it more toward carrying out the marketing concept could include addressing the issues with their services directly to the employees and allowing their customers to realize that their feedback is greatly appreciated and that their ideas and opinions will b... ... middle of paper ... ...s customer service operation and learned of Steve's story, what steps would you take?
Such people are more motivated if the leaders recognize their talents and praise them for their job. Other employees might be happier knowing that their work is being appreciated and that they are helping build the company. This is why if employees feel a sense of belonging in the organization, they work more effectively and productively.
Training and development are important asset to an organization. A lack of training can have many negative consequences on an organization. Employees are the key component in the success of a business. When employees are unhappy with their job, they are less motivated to be productive. This loss of productivity leads to loss profits and over moral within the company.
personal management is controlled by external but HRM is self-controlled. (B) :- external business environment challenges:- The potential external environment challenges could occur because of changes in the labour market. Means that there will be fewer skills available or too many in a particular area. Lack of the skills or fewer skills both will cause problems to the company. To make sure that they always keep up to their company standards they use policy promoting their managers from existing workforce, there are two benefits of that, first of all it motivates employees to work hard and smart so they can get chance of growth and second company will always have managers who know company policies, procedures and rules.
Ending Notes: A good brand identity design work as a catalyst for other referral businesses. In general, a robust brand design helps business to earn a long chain of quality prospects which get extends along with the popularity and loyalty of your business. If you want that customers follow and admire your brand, building a tangible identity powered by exclusive designs is the first step to
Some decisions that corporations make often make people feel inadvertently discriminated against. However, the intentions they have are to attract more customers. Companies should be able use the most efficient methods. Cohen completely agrees with these methods because they are active in today’s markets. Advertising is ubiquitous and pervasive, and is the easiest and fairly efficient way of attracting customers.
There is great opportunity for the organization to cross selling and up selling to customers which are loyal to firms through CRM. This helps the organization to develop the quality and better relationship with customers which also improve customer satisfaction, hence gained customer