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Now days it is accepted that consumer is the king.All the business aim at
providing the services to its consumersTalking to others is a very good way to
building out a vision of tomorrow. One needs to have a base set of ideas for
discussion. Beyond that, finding what different people react to and how can help
sharpen the vision. There isn?t much to worry about other people ?copying?
one?s ideas. If it is that simple, then one better be thinking something different!
Talking to people also helps distill out the message much better rather than
playing around with it in one?s own mind.
Thinking is easier said than done. To think means to be able to drill deep down
and figure out from first principles the key tenets of the vision. This requires going
beyond the superficial and in our world of interruptions, this can be hard to do.
One has to experiment and try out new technologies ? early. This gives a
glimpse of tomorrow?s world. There will be some pain and even some glitches.
But the trajectory of innovation will ensure that things become faster, better and
cheaper. That future world is what one has to build for.
Going to different places is a great way to learn. Free from the physical
limitations of the office, the mind starts to wander free. Seeing how people do
things in other places and putting oneself in different scenarios can be very
educative.
However majority of the population doesn't prefer these franchises as they are
still restricted to the restaurants and motels in their respective areas.
The emerging mall culture has also changed the scenario of the customers in
the market.People have become trend conscious and they prefer to shop in malls
because of the better services provided under one roof.However the population
residing in the rural areas and some of the people in the urban areas also don't
prefer malls. They are still dependent on the retailers and wholesalers as they
consider the services provided to them better than those in the malls.
Now days the customers also prefer online shopping. For examplePayPal is an
e-commerce business allowing payments and money transfers to be made
through the internet. It serves as an electronic alternative to traditional paper
methods such as checks and money orders. PayPal performs payment
processing for online vendors, auction sites, and other corporate users, for which
it charges a fee. In October 2002, Paypal became a wholly owned subsidiary of
eBay.
They have won awards since, notably the "Best Finance Services Site" and
"People's Voice Award" at the 2006 Webby Awards [10]. There are various other
companies like best buy,baazi etc.,but pay pal aims and guarantee the pay back
of money if the service is not delivered. The PayPal Buyer Protection Policy
claims that customers may file a buyer complaint if they did not receive an item
or if the item they purchased was not as described. If the buyer used a credit
card, they might get a refund via chargeback from their credit card company.
The telecom industry is advancing like never before. But not all is
blissful for the telecom operators and equipment
providers. Cut throat competition and demanding
customers are pushing telecom companies against a
granite wall. Product life cycles are shrinking and
simultaneously increasing the risks associated with
any new product or service launch. This is also
stoking the merger and acquisition activities along
with the formation of big consortiums to maximize
market share and minimize risks.companies like
Airtel,Bsnl,Hutch,etc.provide provide various services
to satisfy there consumers
They ensure that various schemes and offers are given to the
customers to ensure success of the
organizations.