by Sudhirahluwalia, Inc | Jun 24, 2022 | Business and technology
Typically the following are the market expansion strategies that a business could deploy: Market penetration – Expand in the existing market where you are operating Market expansion – Enter new markets to increase business Product expansion – Bring...
by Sudhirahluwalia, Inc | Jun 17, 2022 | Business and technology
Cost-cutting should be a regular feature for all companies, even those that are profitable. Ad hoc measures are not a smart way of undertaking cost-cutting. Standards and procedures for all expenses incurred in a company should be created. For instance, travel...
by Sudhirahluwalia, Inc | Jun 1, 2022 | Business and technology
In the Freemium business model, users only pay if they need advanced (premium) features if they require these to improve revenue growth and transform their ventures. The term Freemium is a combination of the words ‘Free’ and ‘Premium.’ Most users begin a relationship...
by Sudhirahluwalia, Inc | May 25, 2022 | Business and technology
The organizational design should reflect an entity’s business strategy, model, and objective. The business strategy, model, and objectives, in turn, are influenced by the competitive environment, technology, and customer need. When the organizational design and...
by Sudhirahluwalia, Inc | May 10, 2022 | Business and technology
Organizational restructuring is often a component of business transformation. An organization is a tool or means that helps you achieve a business objective. Organizational restructuring is required when the company needs to re-align and re-design the organization to...
