User talk:AMANI SAMAGA

Business Management
Business studies is about management and enterprise. It looks at how businesses are created, develop, grow, survive crises and perhaps eventually decline. it focuses on the people whose skills affect this process. and uses theory to analyse the causes and effects of different management approaches. Typical issues of interest within the subject included. (1) MARKETING. Marketing is the process of learning about your customers and competitors, so that you can provide the right products at the right price in the right place, promoted in the right way to achieve your business objectives. About all those marketing it needs Management. Management is the process of dealing with or controlling things or people. The best management the best marketing. MANAGEMENT. >Operations >Finance >People >Marketing.>>Stakeholders >Social climate >>The law >>The economy >>External influences

MARKETING KNOWLEDGE A successful business needs to understand its

Customers' want Customers' need Customers' habits Customers' attitudes.

👆👆 F For a small Firm, this may be easy. Larger firms can not reproduce this closeness between the decion markers and the customers. They require other approaches. For large Firm, market knowledge consists of five main elements.

Knowning the size of the market (the value of purchases made by all the customers) Knowing the competitors' market shares, their brand images & there strength and weakneaa. Understanding your existing customers' habits, likes, dislikes and image of your products compared with rivals, How loyal are they ?? Understanding the image and attitude buyers of rival products have towards yours; Why are they not buying yours ? Knowing the key distribution methods and outlets.

Mind it When you want to gain knowledge require (1) Time (2)Money (3)Expertise. AMANI SAMAGA (talk) 16:36, 6 May 2019 (UTC)