What are the essentials for a good and thriving business?
... thriving because in business, service is very important. It is includes efficiency. If a company’s efficiency is very fast, they will make their customers feel satisfied. The nest is honesty. If a company which has some problem, but they don’t want to apologize or compensate to their customers, they will know this company is not good. I think slowly the customers won’t come back to buy their products. A good reputation is also very important in business. For example, today I want to buy a mobile phone but I don’t know which brand is good, so I ask my friends. They all say Nokia is good, their family all use Nokia. Why Nokia this brand is widely known in the world? Because they have a good reputation, if a company’s products as Nokia as famous everybody who knows, I think this company is successful. Another area is diplomacy. Good diplomacy can make a company’s customers feel good. The last is after sale service. If a company’s after sale service is good, I think their customers will be very glad to come back buy other products. The last point is marketing. This is the most important in business. The marketing includes pricing. A product’s price should be just nice. If a product’s price too high, then nobody want to buy because it is too expensive. On the contrary, if the product’s price too low, then the company don’t have any profit, and later it will be closed. So good pricing for products is very important in marketing. The next is creates need. A successful company knows what is like for customers and how to create their nee...