Identify market trends for products of colesworth

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Reference no: EM132709428

Scenario:

Your company Colesworths manufactures gym and personal fitness equipment which is sold to numerous retail chains and individual stores. A new competitor has entered the market and is taking away some of your company's market share. As there is no discernible difference in quality or price of your products compared to your competitor's products, higher management believe it is a customer service issue. They have asked you to detailing how these customers can be won back.

1. With reference to the Colesworth scenario, identify one (1) need of their customers for EACH expectation of:

a. Quality;

b. Time;

c. Cost.

After identifying, assess the level of each need (indicate your assumptions, where applicable).

2. In relation to your response in #1 above, describe your plan to ensure satisfaction of the identified customer need for:

a. Quality;

b. Time;

c. Cost.

3. Describe the process of how you will identify market trends for the products of Colesworth.

4. The Customer Service section of Colesworth's business plan has a goal of delivering its products to its customers within targeted quality, time and cost. As an extension to your response in #2 above, from a business plan perspective, how will you ensure these are delivered accordingly?

5. Explain how team performance is monitored to ensure quality and delivery standards are met.

6. Explain how a manager (such as yourself) would:

a. Be expected to evaluate and monitor their own performance

b. Seek learning opportunities to improve their performance.

7. Some of your team members are having difficulties in meeting expected customer service standards.

a. How will you assist team members in overcoming these difficulties?

b. What communication skills would you use to assist in the above?

Written Responses

1. a. For each legislation, provide a brief definition to serve as basis for further discussion.

b. Explain the impact of each operation within the context of colesworth

i. Anti-discrimination law

ii. Australian Consumer Law

iii. Industry codes of practice

iv. Work, health & safety

v. Ethical principles.

2. Explain the importance of the following business functions to a company like Colesworths:

a. public relations

b. product promotion.

Reference no: EM132709428

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