Monday, May 13, 2019

Business Management Essay Example | Topics and Well Written Essays - 500 words - 3

avocation Management - Essay ExampleIn order to increase the volume for offerings in the business flooring, the keep company should consider exploration of possible efficient promotional activities.Market leadership after all is implicated about creating a need for certain product and helper offerings (Kotler et al., 1999 Boone and Kurtz, 2006).Considering that the mentioned company in the case is placing higher(prenominal) mark up with its paint business, it is good to start the promotional activity in here in order to create more demands for both flooring and paint offerings. In this specific situation, the company should start up a strategy such as when the nodes purchased higher volume of flooring materials, the prices of paint should be move utilizing its higher mark up. This would ensure that the sales of paints would increase and thus its profit while increasing the given over volume for flooring materials. This is just a matter of creating a need for product or servic e offerings, which is a form of market leadership.Another important factor is internal which primarily considers the human election. overlook of manpower is important because it ensures corporate success especially high value for customers at the bottom line of descent (Moeller, 2010). As stated in the case, the management and installers usually have conflict when it comes to payment which ends up with customer delays and shoddy works. This is not going to be healthy for the said company in the long run, more or less especially in building customer relationship. This could not substantially provide them with effective output in providing high value for customers and in the long run this would further result to lower revenue and finally a slow down of business. The issue in here is not just about pecuniary control, but it substantially involves the right approach to be initiated with effective handling of human resource. The human resource needs to be substantially controlled b ecause it affects how the

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