Saturday, June 15, 2019
Conceptualizing a Business Research Paper Example | Topics and Well Written Essays - 1000 words
Conceptualizing a Business - Research Paper ExampleAs the paper outlines, the current business environment comprises of firms and organization offering different kinds of products and services (John & Randel, 2010). It is evident that researchers have attempted all explorations concerning the consumers needs that fit redbrick times. Introduction and adoption of capitalism presented a new are of free enterprise. This led to the aspect of competition among product manufacturers and service providers. In this context, there was the organic law of many companies manufacturing the same product type and providing similar services. In this case, it is fundamental that every ships company defines itself in a unique manner that differentiates it from its competitors. Therefore, entry of a new business firm into the market requires thorough execution of the conceptualization step. This will facilitate dispensation of the companys operating principles to the concerned stakeholders (John & Ra ndel, 2010). Mission boo Company Limited aims at starting systematic mechanisms that will strive towards responding to the consumers needs in the flocculent drink industry. The main focus of this company is to bulge the customer at a reference position in all its entire practices. Doll seeks to fill the gaps that are present in the beverage market. The company acknowledges the fact that there are numerous shifts in most social dynamics with respect to the aspects of lifestyles and fashion. As a result, the consumer market is currently divided on the lines of trends and lifestyles. In this regard, Doll seeks to develop a corresponding shift in the products nature as per the dictates of these external forces of social dynamics. This company will ensure the take of customized soft drinks based on the aspect of lifestyle and fashion. In this company, the consumers participate in decision-making exercises through the expression of their interests concerning product preferences. Th erefore, the main objective of Doll crapulence Company is to address contemporary customers needs by responding to the social dynamic forces (John & Randel, 2010). Vision The companys vision statement is, Become the leading soft drinks manufacturer by responding to the aspects of social dynamics. Doll aims at establishing a strong market base in the consumer population by responding to their needs through product differentiation. The company will integrate all the concepts of business ranging from social responsibilities to ethics in ensuring development and maintenance of a healthy relationship with the consumers. The prat of the companys operation is to address the product issues resulting from the aspect of social dynamics (John & Randel, 2010). Doll appreciates the fact that consumers preferences are continually diversifying due to the relative godliness in both the social and economic pillars of society. Therefore, the company seeks to identify the social changes and respond to them accordingly in terms of product customization. The company will eer identify emerging trends in fashion and lifestyle platforms. Consequently, Doll will produce tailor-made soft drinks for the consumer classes created by these social dynamic forces. We will develop close and healthy relationship with customers by incorporating them in decision making processes concerning product specifications.
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