Exclusive Styles Ladies Boutique - Term Paper Example

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Exclusive Styles Ladies Boutique

Regarding the tough market competition, the owner of a small boutique mentioned various designers that have already captured the market and have maintained their own customer bases. They have already positioned them so much in the minds of the customers that it becomes difficult for a new business venture in the same industry to deal with the cutthroat rivalry. Besides all other factors, the market conditions, according to her, present an uncertain climate. There is the recession, variations in exchange rates, laws and regulations of trading, higher expenditures, persistently growing inflation and many other factors which may hinder the progress of a business. Not only may this, but a new business struggling to expand and diversify become difficult to be managed and controlled in terms of its scope and human resource base. Thus, the general opinion given by the boutique’s owner stated that the new business ventures in the industry need to be more competitive and challenging in order to cope up with the existing and the upcoming market conditions. After interviewing the owner, one of the employees from the same boutique was enquired about the work management and the viewpoints. According to her, the customers exhibit a good behavior when they are treated with concentration and are given extra services. For a new business venture to be successful, especially a boutique, it is essential that the employees are kept satisfied with good quality products, better after sale services. ...
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Summary

In the era of achievement and progress, the business environment has also undergone various methods and procedures. Enterprises adopted new technologies, ways of creating a product and new methods for their successful implementation. About this in the article "Exclusive stylish women's boutique."…
Author : lpurdy

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