Sunday, April 21, 2019
NIVEA Case Study Example | Topics and Well Written Essays - 750 words
NIVEA - Case Study Exampleoptimization, it is important for the company to ensure that its budget is well allocated so that it can effectively meet its objectives in meeting the objectives outlined in its commercialiseing mix (Jaccard 2013). This includes ensuring that too achievement of the objectives, it should have a good and reliable supply chain for delivering the products to markets at the most satisfied times as needed by the customers.Having made a good household brand, it is the companys trading to ensure that it consolidates on its management and marketing strategies to consolidate its market share in the more and more competitive world. With proper planning, Nivea Company can manage to rely on the success of this brand by creating and implementing growth and development strategies (Nivea Visage Young 2015).One of the ways to achieve this goal will be a consistent market research, which will ensure that the company understands knows new competitors emerging in the mark et as well as their competitive strategies (Jaccard 2013). In this regard, Nivea Company will be better put to develop counter show upes that will ensure that it retains its market share and competitive advantage. Another important approach that the company will have to implement includes understanding methods of employee satisfaction, which will ensure that it has a pool of super dedicated employees, who can discharge their duties in the interest of the company (Nivea Visage Young 2015). This is because, in many an(prenominal) instances, the success of a company does not just rely on the best and innovative strategies that it develops nevertheless rather, it is their full implementation. Having the best and productive staff is as good as having monopoly over an essential election in the industry, thus excellent company success.As the company heads in the future, its managers have a duty to ensure that they develop growth strategies ad systems that will cement its position as the market loss leader in the industry. According to Jaccard
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