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Homeworkessay
Homeworkessay
homework
Group:02
First homework: How to minimize the influence of boycott?
ESSAY
Boycotts is a form of protest where people refuse to buy, use, or participate
in a product, service, or activity as a way of expressing strong disapproval or to
force acceptance of certain conditions ,it can be damaging company's
reputation and brand image, but they rarely result in lasting economic harm to
the targeted company, as a CEO of the company there are some strategies that
can be used to minimize the influence of boycotts.
However, one approach is to measure the perceived level of egregiousness
and aim to understand why customers find the company's policy or action
objectionable
Another strategy is to focus on maintaining a positive relationship with
customers and stakeholders by being transparent and responsive to their
concerns
Additionally, companies can consider making changes to their policies or
practices in response to the boycott, if appropriate
It is also important to keep in mind that boycotts tend to fade over time, and
consumers may choose to ignore the boycott and still purchase or participate in
the targeted activity
Therefore, it is important to focus on maintaining a positive relationship with
customers and stakeholders, and to be transparent and responsive to their
concerns.
Second homework: compare between Algeria and Egypt from the text.