Cultural Levels and Business
February 12, 2025
Why Senior Leaders are Expected to be above Reproach and Role Models for Others Senior Leaders are supposed to be role models for the rest of the organization to follow and emulate. Moreover, they are the ones who articulate the organizational vision and actualize the mission for the Middle and Lower level employees and hence, […]
The global business environment has turned increasingly digital in the pasts few years. It is very common for businesses across the world to conduct most of their business online. This includes transacting with customers, employees, suppliers, and even the government. It is for this reason that the role of computers has drastically increased within the […]
In April 2019, the stock price of Amazon had taken a beating because of the news of the divorce of its billionaire founder. Jeff Bezos, the charismatic billionaire founder of the company, was reportedly involved in an illicit romantic relationship with an acquaintance. When the news of this relationship reached Jeff’s wife Mackenzie Bezos, she […]
Introduction Success of an operation department of any organization is dependent upon an efficient production plan. One of the key essential of a production plan is material and manufacturing planning system. Material requirement planning plays a pivotal role in assembly-line production. Material requirement planning is a system based approach, which organizes all required production material. […]
Definition of Business Policy Business Policy defines the scope or spheres within which decisions can be taken by the subordinates in an organization. It permits the lower level management to deal with the problems and issues without consulting top level management every time for decisions. Business policies are the guidelines developed by an organization to […]
There are several factors which affect the buying decision of the customers. Let us go through them one by one:
The store display plays an important role in influencing the buying decision of the customers. It is the display of the store which attracts passing individuals into the store.
The store must have an attractive display to entice the customers. Shopping may be the last priority for an individual but a creative display encourages him to spend on shopping.
The store ambience plays an important role in attracting new customers and retaining existing ones.
Warm customer treatment is an effective way to pull the customers into the store. It is essential for the retailers to treat the customers like kings to expect loyalty from them.
A customer would never prefer shopping from a store which gives a cluttered look.
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