Discussion 1:
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.
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.
Discussion 2:
A bad reputation to the business is one of the major
reasons that would reduce the turnover as a whole. Doing a business on loss is
of no use. First, I will make a study on the causes and see how it can be
rectified. To make people/clients/customers or whomsoever to gain their
confidence back on my business deals with them. Change the name, like the axis
bank did. Make people believe that its an entire different company. Implement
new marketing and advertising strategies to attract more people. Lastly, that
should be a lesson. I will never ever let it happen again.
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