In: Finance
Can a firm produce higher financial results by increasing marketing efforts and relying on strong sales culture? What federal regulations affect sale and services of the banks? How?
Yes a firm can produce higher financial results by increasing the marketing efforts and relying upon strong sales culture.marketing efforts are inclined towards increasing over of sales of the firm by targeting the potential target customers and maximizing the profit of them by designing selective strategy that suits its consumer base.
firm also nowadays try to market through different advertisement strategies which will held in maximization of overall benefits in the long run. it just targets customers who are highly in volume and could be done through lower cost.
Securities and exchange exchange guidelines which effect sales and service of banks as well as their various Capital requirement which have been fixed by these agencies. Environmental protection agency has also been established which the helps in containiment of shifting of cost from company to the consumers.
So a firm should inclined to work upon it's marketing strategies and fulfill the litigation in order to sustain and survive in the long run which will help in maximization of profit and attainments of future goals