Monday, October 21, 2013

Meaning of Market



            Market is the best industry because it will always remain relevant to economy, it will never go sick. The owners of enterprises and industry decide what they want to do but how it is to be done, is decided by customers of the product. This is real meaning of market driven economy. The expectations of market are changing very fast, the changes of a century in the past were being witnessed in the past one decade. Best way to ensure it practically is to avoid all non productive expenditure and ensure conversions of all non performing assets into cash or liquid wealth. It is very necessary to identify ways to maximize profit and margins out of any bit of investment or expenditure, for being competitive.

            If you are a production unit please concentrate on fundamentals and plan your work accordingly. We must regularly reach our customers to know what they want and deliver the best possible in earliest possible manner. What is not directly related to customers should be outsourced because it is not real work of production unit.

No comments:

Post a Comment