“Do what you do best and outsource the rest.” Peter Drucker, a management consultant coined this slogan in the 1990s to advocate outsourcing as a viable business strategy. Today,...
Businesses are profit-making establishments driven by processes. These processes are then organized to achieve the set objectives. The orientation in the market has shifted from product concept to marketing...
Outsourcing has become a successful business concept that has gained increased popularity in many organizations’ talent management strategy. It is one of the best ideas which allow companies to...
Companies need good product managers to examine the market needs so that their products’ values remain relevant to their customers’ requirements. Product Managers ought to know how to assess...
We have two types of Product knowledge. Factual Product Knowledge is the objective information about the product which includes the product’s features, specifications, price, availability, etc. Factual product knowledge...
Having good product knowledge will not only ensure that an organization provides excellent products/services, but it will also improve customer satisfaction, increase sales, build brand image, and boost employee...
Good product knowledge engages curious customers as well as carves out a space for your product in the marketplace. If a staff of a company is ignorant of how his...