What are the tasks necessary for successful business.ppt

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What Are The Tasks Necessary For Successful Business Management?

Transcript of What are the tasks necessary for successful business.ppt

What Are The Tasks Necessary For Successful Business

Management?

Developing

market strategies

and plans

Identify long run opportunities , core competencies, market available

Capturing market insights

Closely monitor marketing

environment to access market

potential and forecast demand

Connecting with customers

Try to create best value for chosen target markets and develop profitable long term relationship with customers.

Building strong brands

Pay close attention to competitors , anticipating their moves and learning how to react quickly .

Shaping the market offering

To gain a competitive advantage provide delivery, repair and training as a part of product offering.

Delivering value

Determine how to properly deliver to the target market value embodied in its product and services.

Communicating value

Adequately communicate to the target market the value embodied by its products and services.

Creating successful long term growth

Initiate new product development, testing and launching as a part of its long term view.

CREATED BY Harshveer Singh, JSS NOIDA , during

an internship by Prof. Sameer Mathur,IIM Lucknow.

www.IIMInternship.com