Business Management Assignment Example | Topics and Well Written Essays - 500 words - 1

Business Management - Assignment Example This in essence will enable the company remain competitive. Improving on the quality of the products and services extended to customers. High quality ensures that the services are able to be competitive in the market and in turn sell with ease expeditiously (Hauser, 2004). Referral system. The company will rely on the goodwill it enjoys from its royal customers, to refer new customers to the company. To achieve this objective effectively, the customers will be offered a bonus point for every referral they make. The accumulated point bonus will be used to acquire more web hosting airtime on top of what they will have purchased. A company puts together goals and objectives to be achieved by the employees. Therefore, they are the core and key to the realization of these goals and objectives. Regular seminars and training programs to be undertaken to acquaint the human resource of the company with the action plan. They will be trained on the role they are expected to plan. It’s a common belief in the field of management that failing to plan is planning to fail. However, it’s fully guaranteed that a plan will succeed as planned. Therefore, there is the need for a contingency plan to contain on the failure of plans and provide guidance when such a scenario occurs (Kurkarni, 2011). The company has put in place a monitoring and evaluation committee to review the implementation of the plan. Its mandate is to monitor the implementation of the plan and report any discrepancies and provide recommendations on the best way to handle