explain how a manager can effectively maximize profit and wealth for share holders, as well as maintain stabi?

[charleston]

Macroeconomic and microeconomic are interdependent, and the nature of the market in which a company functions is important for its tacit (short term) and strategic (long term) policies. Considering the difficult economic times, explain how a manager can effectively maximize profit and wealth for share holders, as well as maintain stability in the market place.

[twinfx76]

Create an incentive that will excite current customers and encourage them to make a second purchase.

A viral campaign that will work to referrer new customer to use the service/product.

A good example of a viral campaign is the Burger King whopper sacrifice application that was launched on facebook. Word spread fast, they earned new customers

Implementing such campaigns for your service/product should be inexpensive. They created a reason for customers to return to their product. Therefore increasing current profits. This is just a small of example of the possibilities.