The Main Concept and Groundwork Starts with Research

Published: 2021-09-14 19:00:10
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The mission statement will be the blueprint for the different locations. Decisions can then be made regarding allocations of resources, and strategic modifications for future business ventures.
The main concept and groundwork starts with research. The questions that must be asked is if the product will sell, what audience will it affect and interest, and will the product satisfy the needs of the consumers. The main concept and groundwork starts with research. The questions that must be asked is if the product will sell, what audience will it affect and interest, and will the product satisfy the needs of the consumers. "Research should also help analyze and assess the target audiences' attitudes, opinions, and behaviors." (Lattimore, Baskin, Heiman, Toth, Van Leuven, p 9, 2004).
Diversification growth will be an asset to Kudler because this means that new products and services can be incorporated in another region. Kudler can also downsize the present companies in order to open a new company in another region with potential growth.

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