NEUE SCHULE’S SERVICE MARKET CHARACTERISTICS

Lack of ownership refers to the fact that you cannot own or store a service. (Maximillian Claessens, 2015.) This is referring to the staff and big events such as Badminton, Olympia and HOYS. It gives people service (by providing the entertainment) and they also get to view all the products, but customers cannot own theContinue reading “NEUE SCHULE’S SERVICE MARKET CHARACTERISTICS”

‘SWOT’ FACTORS OF NEUE SCHULE

SWOT analysis was created by Albert Humphrey in the 1960’s/1970’s. It can be defined as a process which generates information that is helpful in matching an organization or group’s goals, programs, and capacities to the social environment in which it operates (Morrison, M., 2008. The Complete History And Guide To SWOT Analysis). It allows a company,Continue reading “‘SWOT’ FACTORS OF NEUE SCHULE”

MICRO & MACRO FACTORS OF NEUE SCHULE

Micro economics is the: “Study of the economic behaviour of individual units of an economy (such as a person, household, firm, or industry” http://www.businessdictionary.com/definition/microeconomics.html Macro economics can be defined as: “Study of the behaviour of the whole (aggregate) economies or economic systems instead of the behaviour of individuals, individual firms, or markets” http://www.businessdictionary.com/definition/macroeconomics.html We haveContinue reading “MICRO & MACRO FACTORS OF NEUE SCHULE”

CRITICAL SUCCESS FACTORS OF NEUE SCHULE

We have identified some critical success factors of Neue Schule. The first factor is that the brand makes good profits, due to their product range appealing to a more high-end and expensive market which reflects the quality of the products. The high-quality products are proven to have a better performance than cheaper substitutes, and thereforeContinue reading “CRITICAL SUCCESS FACTORS OF NEUE SCHULE”

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