A Bear Workshop - Essay ExampleThe management structure has knowledgeable and dedicated staff that provide ample knowledge exchanges in an interactive environment with customers. This is a fundamental strength of a business to be able to provide better customer relationship management and provide them with exactly what customers are looking for. Clearly, the owner understands the importance of cost monitoring when it comes to purchasing and production and will likely continue these trends over the next five to ten years. Having a strategic-focused management system is the key to ensuring a proper expansion. If the business conducts regular market research using focus groups or interviews with target customers, it will likely find more success in identifying social and buying trends early in order to gain market share in the toy market. Further, growth in Internet usage in developing countries such as India, China and Pakistan will provide even more customers in an environment that is convenient.
