In the event the Company needs to be in the position of Market leader it is necessary to n increase revenue, increase profit margin. For this purpose it requires to reduce cost and expenditure.
.Highly trained and motivated, inspired employees are the key factor to
A company needs to continuously training its employees and it should consider not as expenditure but as an investment. Any company requires following factors for success and growth
Constantly endavour to increase revenue and profits
Continuously striving to reduce cost which will pave the way for offering low cost products and services to the customers and with the low cost the Company can reach to a larger customer base.
Not only low cost but the products and services should be high quality in order to retain the customers who have purchased products and services from the company.
Any company should adopt new initiatives to reducing resources use and prevention of pollution and damage to the environment. In order to achieve this purpose following are required.
Recruitment policy to have the best employees possible.
There is no doubt that practicing the above any company will be able to reach its goals and objectives in order to become Market Leader.