Wednesday, January 8, 2020

Using The Strategy Of Having Putting Customer Service Essay

There are many strategies in which a company can use in order to compete in today environment and succeed. In order to implement the strategy you must first understand this dynamic business environment today. With the stock market at an all-time high, unemployment at 5.8 percent, last quarter economic growth at 5 percent, relative mild consumer price-inflation, and the bonanza of cheap gas we see that there is increased optimism about the U.S. economy. Yet challenges abound, both coming from the inside and from abroad. Participation in the labor force remains at the lowest levels since the late 1970’s, with over 6 million less people in the workforce since President Obama assumed office. We see that the US is going through a presidential election which has impacted the way in which American view America as well the whole world. Throughout this paper we take a look at by using the strategy of having putting customer service as a company number one object can help the company maintain brand loyalty and always have high in profit margins. Often the simplest changes can have huge improvements on your business. If you want your business to succeed, forget about searching for secrets and focus on the following simple strategies. Understand where your customers are coming from. Understanding where your customers are coming from gives you clarity. Companies with a clear understanding of customer acquisition are in control. Successful businesses always seek to understand howShow MoreRelatedStrategic Plan Part Iii: Balanced Scorecard Essay1433 Words   |  6 Pagescompany’s use to measure their performance. It includes objectives, strategies, and tactics. 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