Micromax is an Indian consumer electronics company located in Gurgaon, Haryana, India. It is one of the leading mobile phone manufacturers in India as well as in the world. According to industry analysts, as of 2012, Micromax leads the Indian tablet market with a share of 18. 4%, ahead of Samsung and Apple, and is the third largest mobile phone vendor in terms of volume. In Jharkhand first showroom opened at LL03 HARIOM TOWER CERCULAR ROAD, RANCHI. From then the business has widespread all over Jharkhand but yet a lot of market opportunities are still left to achieve in this region.
Since the owner of this showroom was first one to bring Micromax in Jharkhand thus he is only responsible to develop any business in required places. He is the owner of authorized Cnf (Carrying and Forwarding) of Micromax in Jharkhand. To modify the saturated market or decide a new market place, he suggested following duties and responsibilities to be performed as follows- * Investigate the economic conditions surrounding your small business activity such as industry trends and competition. Conduct extensive market research prior to starting up your business and continue gathering information throughout the life of the business. * Prepare a detailed business plan so you will not lose sight of your goals and objectives. * Secure sufficient financial resources for future development or expansion.
* Contact professional advisors such as an accountant, banker and/or lawyer to provide expert information about your business. * Network with other small businesspeople; establish a support group. Remember, you are not alone. Attend workshops, trade shows, and seminars to keep up-to-date on changes in the industry. * Adopt a team approach; work with others in pursuing common goals. * Understand the skills and qualities you bring to your business. * Develop a situation analysis of your company including its strengths, weaknesses, opportunities and threats to assist in the development of a strategic plan for the future of the business. As we know the company is still in growth phase of PLC. Hence a product manager requires is to perform all his duty with proper routine and with honest.
He is having following duties to be performed which he has classified according to preference or importance. Primary Duty In general, a business developer looks for ways to bring in more revenue to a company. This can mean anything from looking for new markets, partnering with other companies, selling new products to existing markets, or developing new products or services for a global market. The business developer must keep abreast of competitor’s strategies, such as their marketing plans and new products.
In addition, the developer must have an in-depth knowledge of his company’s own products, marketing strategies and key demographics. Other Duties The company may give business developer responsibilities that come close to marketing and advertising. For example, the company may ask the developer to help the business create new products and market them as well. A business developer might also have to find new clients, negotiate with them and close those deals. Variation in Responsibilities The actual job responsibilities of a business developer depend on the needs of the company.
In a large company, for instance, a developer may focus mostly on acquiring smaller companies that could take away market share. At a smaller company, the business development manager may spend most of his time obtaining corporate accounts and heading up product development projects. Considerations Anyone planning to enter into business should obtain some business development training. For instance, law firms often expect their associate lawyers to find new clients and generate six to eight billable hours each day.
Business development training also prepares a worker for several other industries, such as sales and engineering. A successful developer needs strong analytical and research skills, people skills, and to know when to close a deal. In general, a business manager is responsible for running the business day-to-day. Whether, a managing director in a medium-sized company or a business unit director in a large corporate organization, this general management role is crucial to hold the business together, and to lead the changes which will ensure future success.