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The process called quality assurance

Hello readers, I hope you are good. I will be writing about quality assurance today. Quality assurance is a process that provides confidence that the quality requirement of a product (goods or services) will be met. It is a process that checks to see if the products are meeting the specified requirement.
It also ensures that the important quality control activities are being carried out the way they should. Thus, quality assurance aims at making sure that customer expectation are satisfied. It aims at preventing defective products. All companies should apply this process called quality assurance
Quality assurance includes setting quality targets.  A company should set quality targets and let people who are meant to achieve them be responsible for them. For example a manufacturing company should set a standard for the material being used for production. Training employees on quality is another form of quality assurance which all companies should adopt.
The standard set should be monitored…

The world of competence

Hello readers, it has been a while. Hope you did not miss me much, the good news is I am back now. Today, I will be writing about competence.
Competence is the ability that enables a company or an individual to deploy its resources effectively. It is neccessary for a company to have a competence target in all its business activities so as to deliver value to its customers. This will help create a competitive advantage for the company.
Competencies must provide value to customers. It must be unique or able to develop greatly or be better than that of competitors. New products and services must be able to be developed as a result of the competence. It must be difficult for other competitors to obtain or imitate.
Continually producing high quality products can make a company become a market leader (which is a core competence) as it provides a company with a competitive advantage. With high quality, higher prices can be demanded by the company from customers and the company will also be able…

Eid Mubarak

Happy Eid ul Fitri

Understanding the buyers behaviour

Hello readers, today I will be writing about buyers behaviour when it comes to purchasing products (goods and services). I hope your week has been good. A buyer is an individual that makes a purchase. That purchase can be influenced by his/her emotions or his/her rational mind.

For your marketing strategy to be successful you have to truly understand the buying behaviour of your customers. Some customers buy goods based on trust and loyalty which falls into the emotional reasons. Thus, you have to build trust between your customers and yourself so they can return back to you. Trust is built when you offer good quality for reasonable prices.

Some products are bought regularly while some products are purchased seasonally. If your products fall into the seasonal category, you should only purchase them to be resold during that season. At times buyers purchase products on behalf of another individual. In that situation, you have to capture the mind of both the buyer and the actual person tha…

Ramadan Kareem

Managing Employees

Hello readers, today I will be writing about managing employees. It is common knowledge that employees of an organisation are not owned by the organisation they work for. Thus, employees should always be treated as humans and not assets.
An employee will be motivated to deliver high quality results if the employee enjoys his/her working environment. In other words, employees deliver good results when they work with employees that act nicely, when the working environment is conducive and when managers implement decisions that does not lead to dissatisfaction. 
There is always a relationship that exists between an organisation and its employees that requires each party to satisfy each other's needs. It is usually perceived as a psychological  contract. Thus, both the employees and the organisation will be doing the giving and the receiving. The initial impression that a  employee perceives about the relationship between the organisation and employees goes a long way in influencing the…

The Partnership Business

Hello readers, today I will be writing about a partnership business. A partnership business is a form of business that is owned by two or more individuals, these individuals are called partners. Profit are shared amongst these partners in a way that it had been agreed upon. Profit-sharing should be agreed upon before starting the business.
It could be shared in a way that capital was contributed by each party or in a way each partner contributes in the management of the business. Capital can be raised from their personal savings or from family or from friends. There are various types of partners, however, the major ones will be discussed below
Active Partner This is the individual who takes on the major role of managing the daily activities of the business. He/ she is responsible for the actions of the business.
Sleeping Partner This individual only contributes capital to the business and does not participate in managing the activities of the firm. However, he/she partakes in sharing the p…

How can your strategy be successful

Hello readers, today I will be telling you about ways to make your strategy a successful one. The scope is your strategy must be fit, in other words your strategy must be consistent with the environment your business operates in.
When I say environment, I am talking about both external and internal environments. Thus, you must understand the political, economic, socio-cultural, technological and legal environments your business operates in. The environmental protection that affects your organisation must also influence you when formulating your strategy. Therefore, PESTEL analysis can be used to understand the external environment of your business.
The internal environment also needs to be understood, as your strategy must also be in alignment with the internal environment. Understanding your internal environment will help you know the resources your business has, the capabilities of your business as well as the structure and system.
The SWOT analysis can be used to help you understand y…

Becoming an effective leader

Hello readers, I hope you are all good. It has been a while since I have written an article. I am sorry about that. But I am glad some readers used the opportunity to read my previous articles. I will now be writing articles on twice a week. Today I will writing about becoming an effective leader.
Everyone can lead effectively, you can always learn to lead. To become an effective leader, you have to study one to understand why they are effective at what they do. The key qualities of an effective leader include having a dream, having the ability to motivate others, exuding integrity, having the ability to deal with challenges and making decisions. To be a successful leader you must set realistic high goals, be a positve thinker and must be willing to learn from others.
A leader must be willing to add value, people skills will have to be decoded in order to become a great leader. To be able to motivate people positively you need to have a clear sense of direction. Your followers will beco…

Don't give up on your goals

Hello readers, it is friday evening. You can now relax after working during the week. For those who work during the weekend, try to find time to relax. Today I am going to tell you about not giving up on your goals.
Some achieve their goals while some do not achieve theirs. Everything happens according to the will of Allah. You have to work hard when He knows you deserve it, He blesses you with it. As such, never give up on your goal and keep praying to Allah (5 times daily).
You will encounter challenges when you are trying to achieve your goals, but do not let them hinder you. You have to keep pursuing your goals. When you stop chasing your goals you will not achieve them.
Some make new year resolutions, they keep to it through out January but as from February they give up on it. You should not act that way. Keep working hard and hopefully Allah will bless you with it. You have to pray 5 times daily to Him as well.
Thank you for reading this article. Keep checking out my blog regularly.…

Why integrity is important in business

Hello readers, today I will be writing about integrity. Integrity means doing the right thing all the time. When a company is said to have high integrity, it means that the company has got high moral principles. Individuals are the ones that run companies, as such this individuals has to be full of integrity. Reasons why integrity is important will be discussed below.
Integrity helps build trust, if a company has got integrity all relationships that exist with the company will be based on trust, as such, employees will be motivated to work for the company. It also means that customers will be loyal to the company. When there is trust employers can be rest assured that their  employees will do their work adequately. The trust will make employees be more independent which will motivate them to give in their best. Thus integrity get employers the loyalty of their employees and customers.
Integrity helps build a good reputation which in turn attract more customers or individuals that will d…

Writing down your goals

Hello readers, today I will be telling you about writing down your goals. Have you written down your goals,you? yes you I am talking to you. Have you written it? Most individuals do not write down their goals. 
You should write down your goals and break them into smaller goals. It will help you accomplish your goals. Your goals must be SMART, that is specific, measurable, achievable, realistic and timely. The benefit of writing down your goals will be discussed below
When you write down your goals and you break them into smaller goals and then you break them into daily activities, it will motivate you to keep striving until you achieve your goals.
Writing your goals will prevent you from getting distracted as you know where you are going, as such when opportunities come up while you are trying to achieve your goals. You will know which one to turn down and the ones that you accept.
It also provides you with a lot of income when compared to that of your peers. According to researchers, ind…

When diversification should be considered

Hello readers, hope you are doing good. I guess you all missed me. I am back now, sorry for not delivering articles for a while. So today I will be writing about diversification. This time around I will be advising you on when you should diversify your products. It sounds interesting, right? Here they are.
You should diversify your products when the products you sell is only useful during a particular period. Thus, your products only satisfy seasonal needs. It brings you seasonal income, as such, diversify your products so that you can start receiving some regular income.
You should also diversify your products if you want to expand your business, as diversification will make you enter a new market or increase the amount of product your present customers do buy.
You should also diversify your products, if you know that your present product will sell more when you do. Complementary products  will help your present product sell more.
If the income you receive from your present product is no…

Different types of leader

Hello readers, hope you are all good and hope you enjoyed the weekend. Today, I will be writing about the different type of leaders. I hope you will gain a thing or two. A leader is an individual that inspires a group of people to achieve a particular goal. A leader could be autocratic, participative, transactional or transformational.
The Autocratic Leader This is a type of leader that makes all the decisions. He/She does not delegate duties to other team members. He/She controls all their actions. This type of leadership could be effective when staff are lowly skilled and they require a lot of supervision in order to be able to achieve a task or the goals of the organisation. A business that requires minimal error could also apply the autocratic style of leadership.
The Participative Leader This is a type of leader that takes the contribution of his/her team members into consideration but he/she makes the ultimate decision. In other words, this type of leader encourages the contribution…

Choosing a business to invest in

Hello readers, today I will be writing about the right business to invest in. Hope you gain a thing or two from it.
Allah must be pleased with any business you want to start meaning it must be good for yourself, it must be good for others and it must be good for the community. You should invest in what you are passionate about as your business is going to be a part of your life, thus it must make you happy.
Someone that is passionate about customer services can invest in the telecommunication industry and someone that is also passionate about information technology can also invest in the telecommunication industry. Thus, as long as you can find your passion in an industry then you can invest in the industry. The aspect you are passionate about is what that will make you competitive in the business market.
You must also invest in an industry you understand. It could be an industry you have gained working experience from or a degree that focuses on the industry. In other words, you should …

Words of successful business leaders

Hello readers, today I decided to give you quotes of successful business leaders. They could motivate you as well as guide you when it comes to businesses.
"A person who never made a mistake never tried anything new" Albert Einstein
"If your business is not on the internet, then your business will be out of business" Bill Gates
"Build a brand and don't destroy it" Dangote Aliko
"Treat every opportunity as an open door" Jack Ma
"Be thankful for what you have you will end up having more" Oprah Winfrey
"Don't let the first no (or five) stop you" Sara Blakely
"Most people never pick up the phone and call, most people never ask, that's what separates the people that do things from the people who just dream about them" Steve Jobs
"I decided to become a business man when I understood that it is possible" Vladimir Potanin
"Never invest in a business you cannot understand "Warren Buffet
That is all for …

For all present and potential entrepreneurs

Hello readers, 1st of January, 2017 as come and gone. I am still pretty much excited about the new year. Hope you all enjoyed the holiday. I took a break, hope you did not miss me much. Today, I will be writing about entrepreneurs.

An entrepreneur is an individual who starts a business, he or she assumes all the risks associated with the organisation with the hope of getting a reward. An entrepreneur is responsible for making decisions on what product (goods and services) that will be provided to the public for sale. The entrepreneur also provides the capital required for running the business. Entrepreneurs play an important role in a country as they help develop a country by creating products that can be exported to other countries. This will help build the gross domestic product (GDP) of a country.

Becoming a succesful entrepreneur requires dedication, entrepreneurs are responsible for the growth of the business they have established. The business is your vision, so you must be commit…

Happy New Year!!!