Effects of dominance on business

[Starmix]

What does dominance mean in business? It means the ready products all customers want to purchase in bulk or in retail. The business owner must see to it that in his business what the people like must always be present to avoid the distress of customers' feelings. They trust the business so it is expected that they will be satisfied. Dominance is a measure of the power of a brand, product, service, or firm, relative to competitive offerings. The business owner must see to it that his competitors must not know his resource allocations.

 

[Bisolami]

The owner of the company should be secretive and also make sure that everyone he has employed do not reveal any of their company information to other companies even if they have been bribed

 

[Starmix]

Dominance in the business deals with the products sold or displayed on the business counter. The customers will be used to them and once they shop, it is very easy for them to trace.

 

[Bisolami]

Dominance in the business deals with the products sold or displayed on the business counter. The customers will be used to them and once they shop, it is very easy for them to trace.

I think you have a point but do you know suggest that a company should always change the product that they display from time to time so as to avoid things like this or what?

 

[Starmix]

I think you have a point but do you know suggest that a company should always change the product that they display from time to time so as to avoid things like this or what?

The business owner cannot change the products sold in their center but rather add. There are customers buying the same products. There are products that dominate in the business center and they are the ones selleable.

 

[cherry123]

if your product dominate the market you need to always have the products for sales it not your customers will move away from your business and it's products so thatd the risk

 

[Fidelia]

A business organisation must see to it that it is always ready at all times to serve customers. That would definitely involve having to plan ahead.

 

[nomad]

You can dominate the market only when you understand the market sentiments and offer the product the market wants