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  1. Elendu

    As a business person, always respond to demand.

    ✅ Analyze the competition, including their products, pricing strategies, and marketing tactics. Identify areas where your product can differentiate itself from competitors and offer unique value propositions to customers ✅
  2. Elendu

    What is penetrative pricing in business

    I will Offer special discounts and promotions to incentivize customers to purchase my product or service which could include limited-time sales, bulk discounts, or loyalty programs and regularly communicate with customers to build long-term relationships
  3. Elendu

    What do you think of honey business?

    Honey business is a a good business ✅ to be successful in it ensure that your honey is of high quality, with a unique flavor and texture that sets it apart from competitors even considering investing in modern equipment, quality packaging, and labeling to give your product a professional and...
  4. Elendu

    How would you handle an accusation of embezzlement of company funds?

    It is important to maintain confidentiality and avoid discussing the accusation with others, especially on social media or other public forums because this can compromise your defense and damage your reputation
  5. Elendu

    Your thought on Price skimming

    A company can earn higher profits in initial stage of the product launch, which can be used to recoup the costs of development, marketing, and other expenses and gradual lowering of the price over time may cause some customers to delay their purchase until the price reaches their desired level...
  6. Elendu

    How is the reputation of a company determined?

    the length of time it takes for a company to gain a positive reputation depends on its actions and efforts to build trust, credibility, and loyalty among its customers and stakeholders. With consistent effort and dedication, a company can build a strong reputation that lasts for years to come...
  7. Elendu

    What are the benefits of being self employed?

    Self-employment allows you to have greater control over your work schedule. You can set your own hours, work from home, or even work while traveling and You have the opportunity to pursue your passions, do work that matters to you, and make a positive impact on others.
  8. Elendu

    The techniques needed to build business confidence

    Be assertive in your communication with others and speak up when necessary, and don't be afraid to ask for what you want, practically when you feel good about yourself and your business, others will take notice, and you'll be more likely to attract customers and succeed.
  9. Elendu

    What's your favorite sports?

    Basketball 🏀 is my favorite sport
  10. Elendu

    What security measures do you take before employing someone to work in your business?

    These days the use of a guarantor before employment is one way for employers to gain additional information about an applicant's character and suitability for a job, but it should not be relied upon as the sole method of evaluation
  11. Elendu

    Signs to know you are working with a micromanaging Boss

    When employees feel that they are being micromanaged, they may become less motivated and less productive this is because they feel that their manager does not trust them and they may feel like they are not being given the space to work effectively.
  12. Elendu

    What is the purpose of a Suggestion Box in a company?

    When employees are encouraged to share their suggestions and ideas, it can lead to improvements in the business's processes, products, services, and can help to increase efficiency, reduce costs, and enhance overall performance
  13. Elendu

    What are inexpensive ways to improve staff amenities?

    As a business owner offering amenities to your staffs can help businesses to attract and retain top talent, improve employee morale and job satisfaction, and enhance overall productivity and performance, and most importantly to balance the cost of providing amenities with the benefits they bring...
  14. Elendu

    Solar technology would save cost for businesses.

    Switching to solar energy can help businesses to reduce their energy bills and save money in the long term but solar energy systems have a high upfront cost, but the savings generated by the system over its lifespan can be significant
  15. Elendu

    Sell crafts Business

    Running a craft business allows individuals to express their creativity and pursue their passions while earning a living because a successful craft business can generate a significant income, allowing individuals to achieve financial stability and security.
  16. Elendu

    What does it take to set up a record label?

    As a matter of fact having a good record label must build relationships with other industry players, such as radio stations, music venues, and promoters, can be better positioned to promote and distribute its music.
  17. Elendu

    What are the worst conflict or a constraint you have faced at your workplace?

    In a fashion and designing shop as a worker that just started learning many a times I fail to more pay attention to details such as fabric quality, thread color, or button placement can result in unsatisfied customers or returns
  18. Elendu

    How do you build a business team?

    Yes simply like i said earlier Hiring and retaining talented employees is essential for the success of any business, a talented workforce can help you develop new ideas, improve processes, and drive growth
  19. Elendu

    Effective Business Management: Strategies and Techniques

    Partnering with other businesses or collaborating with other organizations can help you reach new customers, expand your offerings, and achieve growth and hiring and retaining talented employees is essential for the success of any business. A talented workforce can help you develop new ideas...
  20. Elendu

    Different ways to maintain business revenue

    Consider expanding your product or service offerings to reach a wider audience by introducing new product lines, offering complementary services, or targeting new markets
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