How can a Business get rid of the Bad Name that it has earned?
Points to remember before you participate in this discussion:
- Assume you are one of the members of a real group discussion.
- Take the initiative to participate and contribute your thoughts.
- Contribute your positive thoughts towards providing the solution.
- Post your thoughts here.
Discussion:
68 comments Page 5 of 7.
Aarsha said:
1 decade ago
Bad business image can be get rid of by good ethical practices that is social responsibility, promotional campaigns, etc. It can increase the societal image of the company.
Negative reputation leads to the high rate of turnover,reduce the market value, etc leads to the loss of the firm and may leads to the winding up.
To get back the reputation, the firm should be more socially responsible, maintain quality policy,increase promotional campaigns, environmental friendly, meet changing needs of consumers, etc.....
Negative reputation leads to the high rate of turnover,reduce the market value, etc leads to the loss of the firm and may leads to the winding up.
To get back the reputation, the firm should be more socially responsible, maintain quality policy,increase promotional campaigns, environmental friendly, meet changing needs of consumers, etc.....
(7)
Ravi said:
1 decade ago
When we heard the work business, First thing strike in mind is "Profit".
So, it all about making profit, about less investment and gaining more.
So, most of the business man the illegal method to achieve it and that is why negative vibes start coming when we think about business.
It can be erased by formulating strict laws for them. So spreading awareness among consumers, by giving knowledge about how anyone can be cheated in business,
Faith is the vital thing that must be there among business partners.
So, it all about making profit, about less investment and gaining more.
So, most of the business man the illegal method to achieve it and that is why negative vibes start coming when we think about business.
It can be erased by formulating strict laws for them. So spreading awareness among consumers, by giving knowledge about how anyone can be cheated in business,
Faith is the vital thing that must be there among business partners.
(2)
Saroj said:
1 decade ago
I think possible solution would be to convey message in the public by the the chairmen or owner of the company. Second solution could be to advertise through public for public. Word of mouth. Take a sample of people from different cities, different demographic category. Let them use that product and afterwards they will promote your product. And yes definitely first of all find the basic reason for the failure or bad image created, and remove it or improve it. First make sure that the product is good now.
(3)
Shwetha said:
1 decade ago
Yes, it is very difficult to gain the reputation what they had before, but the same time it is not impossible. Firstly know the main reason why it has happened and make sure there is no next to it. Go for advertisements and do not remove the employees for that cause. If so employee may also spread the news against the company. He/she might be might be spreading it on social networks and that may also leads to the company's bad name. So, work the things in the proper way. And the success would as follows.
(17)
Mithun said:
1 decade ago
When a bad reputation strikes, the preliminary thing that has to be the finding out of what is the factor is, and the realisation that it could pull you all the way down. It is war time and execution is to be done at the max speed, hence the strategy should be implemented too fast. It should also be made sure that the solution is known to the public, ie, each and every one of the affected ones at least. Media should be handled appropriately and should be tide turned so as not to get the opposition.
(3)
Sneha said:
1 decade ago
A business can get rid of bad name it has earned by starting every thing from atomic level, since the bad reputation would initially run with the company and its product, so failure will stay with it for a very long time but at the same time an optimistic approach will definitely fetch one good opportunity ,sooner or later and their the path for success will be laid.so an integral part of getting a business out of such bad times is the never say die attitude if that is not their nothing will happen
(6)
Yash said:
1 decade ago
Good evening everyone.
In my opinion if a business is rid of getting a bad name or a bad identity in the market first we need to study the cause accordingly we need to decide on which basis the name or the reputation of the business is effected and than need to relaunch that particular thing so as to create a good position in customers mind start maintaining quality focusing on social responsibility this all things if done in a better manner than only a business can come out of the situation.
In my opinion if a business is rid of getting a bad name or a bad identity in the market first we need to study the cause accordingly we need to decide on which basis the name or the reputation of the business is effected and than need to relaunch that particular thing so as to create a good position in customers mind start maintaining quality focusing on social responsibility this all things if done in a better manner than only a business can come out of the situation.
(3)
Bharat jha said:
1 decade ago
For a business, it is not so easy to get rid of the bad name it has earned earlier. But it is not impossible kind of thing. it can be done by taking few basic steps such as-
1. Identify the facts that causes in this failure,
2. Take appropriate solutions in order to remove these failure
3. Advertise about the improvement
4. Company may also give some offers to attract their customers.
I think that these steps must be followed in order to get rid of bad name earned earlier.
1. Identify the facts that causes in this failure,
2. Take appropriate solutions in order to remove these failure
3. Advertise about the improvement
4. Company may also give some offers to attract their customers.
I think that these steps must be followed in order to get rid of bad name earned earlier.
(19)
Jordanz said:
1 decade ago
Of course its hard to stand up after a disastrous defeat. But commin=tment ad=nd confidence helps. The common thing to do is reconcile for the failures. Device charts and pattern as to how did it come to this. The company should have a sense of pride and state that they have done wrong. Surely its not the end of the world. Improving their methods and strategy, start stepping up their game face, contribution helps. Advertise their new scope of business and erect the tilting towers.
(7)
Siddhesh J said:
1 decade ago
A company gets a bad name due to the strategies it implements in view of meeting the market demands. If a customer is no served well with what he wants (goods industry) and how he wants (service industry) , he is surely going to spread a negative word of mouth about the company. In order to prevent such a thing from happening, firms should continuously strive to provide what the customer wants and concentrate on the future demands incorporating change through innovation.
(10)
Post your thoughts here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers