Business information analysis Case Study Example | Topics and Well Written Essays - 3500 words

Business teaching analysis - Case Study ExampleSecondly, this bear upon also ensures that once a headache is established, it begins to operate immediately. This owes to the fact that the business is operating under the comprehensive of another established and reputable company. However, it is coercive to note that just because a company operates as a franchisee does not necessarily mean that it will have increased sales. This is despite the reduced cost of unconscious process and better market environment. There are various other factors, which should be considered in ensuring that the company makes to a greater extent than profits. They include issues of prices and quality. With customers being so sensitive on matters of prices, it would be imperative that a given business enterprise considers being a price leader. This is a competitive advantage especially where the business is veneering a lot of competition. Market search is vital for the purpose of understanding the taste s and preferences of the customers. This ensures that the company provides the required goods to the market. qualitative and quantitative researches ensure that the companies conduct an objective marketing research that addressing the needs in the market. Task 1 Every business aims at obtaining accurate and valid evidence about the target customers. This becomes imperative owe to the fact that there is need to ensure that the business meets the actual needs of the customers (Berghoff 2012, p.90). the latter differ in terms of tastes and preferences making it difficult for the businesses organizations, to respond to their need. The current case of Kidz Sportz is therefore not an isolated one, and a reflection of the market challenges that many companies go done. The company is said to have received more than 100,000 new children who require different equipment and services. However, the management grapples with the issue of lack of enough knowledge on the tastes and preferences of these children. Unless something is make urgently, the company will not be able to provide objective services to this large bit of clients. To assist in solving the stated challenge, the following recommendations are vital Conducting a market research This is explained as the process through which a company with the assistant of qualified market research aggroup obtains selective information about the needs, attitudes and motivations of the customers, for the purpose of serving them in the best way possible (Boudreaux 2000, p.3). It is also a way of establishing what the customers know about the market, to enable a company to plan in terms of prices. It is imperative to note that the world of business has become increasingly competitive, prompting management to implement new strategies for success. This information provides a given company with competitive advantage over its main rivals (Bradley 2007, p.89). Secondly, it is a strategy through which the company is able to attract and also retain the customers to the advantage of a given business institution. A market research is also advantageous in the sense that it provides the company with the market size. In the in a higher place scenario, the number stands at 100,000 children. This enables the company in its logistical work. For instance, it is able to know the number of equipment and space ask to accommodate all the children. However, the market research is a process that requires funds and qualified personnel. To receive the information needed, both the qualitative and quantitative techniques become important. The Kidz Sportz for instance should carry out its qualitative and