In: Economics
Yes, of course the large companies will attract people. Because they are the companies people trust more and it will make the company to become higher position. Such companies have large quantity demanded products. Businesses also have thae characteristics like personal values, beliefs and performance benchmarks . Businesses with the higher standards enjoy higher customer satisfaction and greater customer loyalty and happier workforce, better reputation and higher profit margins which allows for greater investment growth because customers are willing to pay a little more to get the results and benefits of those higher standards. The most powerful effects of sustainable, responsible business have the ability to generate positive publicity for an organisation. if an organisation failed to take responsibility for corporate actions can damage the company's reputation. People always thinks that the quality supplied by reputed and large companies good than small companies. Customers have a multitude of choices available to them and they need to feel happy connected investor and successful when interacting with their product.best companies can always create those type of successful relationship with the customers. smart businesses are investing their plenty of time and money into customer success to make those bonds as strong as they can be. Highest percentage of business is is improving customer success is the top priority of a business. it is not just because these companies are good hearted and generous, it is because they have seen that investing in customer success payoffs. Now people was searching for branded products and they are always buy in the products which is high quality without looking the the money. Good things will happen when the company have a higher standard. Marketing is an art of attracting and keeping customers. A company's key value is the value of customers. analysing the customer profitability and maximizing consumer's lifetime value is important to business. Customers will start satisfied higher quality products, the customers think that higher standard entity must give them higher quality products. The lowest level of representation of a business entity that makes the companies fall in profit and Goodwill of a company. companies are always trying to attract customers either by aggressively advertising their product by lowering prices to expand their customer base can develop unique products and experiences that customers love. Customers is the persons that purchase goods and services from business.
Small businesses also have customer focus but the higher standard business have more. People's were always searching for highest branded products and quality products. The high standard business also benefits their customers. People will lack to tourister small businesses than higher level business.