Planning the future strategy of your business
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Question 1 of 3
What does ‘diversification’ mean?
Employing staff with diverse backgrounds
Opening stores in new locations
Adding new products to your existing offering
Reducing the costs of production
Which one of the below is NOT a UK law that you need to consider when employing someone?
The Equality Act
Data Protection Act and GDPR
The Consumer Rights Act
Health and Safety at Work Act
What actions can you take to improve your marketing strategy?
Reduce the marketing budget and invest in production instead
Find out how your existing customers found you so you can see what worked well
Invest in paid-for online advertising
Focus on traditional marketing if your product is aimed at young adults
Invest in SEO
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