Q: What major factor determines whether a product is a consumer or a business product?
A: Any tangible or intangible thing that can be bought or sold by any potential buyer or seller is…
Q: Why must firms introduce new products?
A: New products and services are the foundation of any organization. Most organizations have growth…
Q: Select a product you are familiar with. Based on your knowledge of the product life cycle, what…
A: Product life cycle or PLC - It is the process through which a product goes on from its introduction…
Q: What is brand repositioning?
A: Brand is a logo,symbol,color,sign used by a company to differentiate its products and services from…
Q: Based on the product life cycle concept, discuss the marketing strategies for the newly brand…
A: The product life cycle is the process through which a product goes from the time it is initially…
Q: Why is it hard to build brands? Explain in detail
A: In today's competitive market, a brand can only succeed if it can engage with consumers and clearly…
Q: Describe the process of developing generic products and how it might alter the technology-driven…
A: The process of developing a generic product requires lot of research and analysis of the market and…
Q: describe four organizational approaches to product development
A: Product development is a complete process of delivering a new products. The main idea of product…
Q: What makes a product unique
A: In general, a Product is defined as a set of tangible and non-tangible benefits a consumer gets…
Q: Using examples describe the attributes of a well designed product
A: A decent product configuration should groups the accompanying qualities:
Q: how would such costs and benefits be different over the product life cycle"
A: The cost and benefits are different over the product life cycle as:
Q: What is Manufacturer brands?
A: Branding is a marketing topic where unique position is created in the market. Branding is very…
Q: How can introduce a product to the growth stage in the product life of the cycle
A: The product life cycle is the pathway of the company's product. The important stages in the…
Q: Create a new product development process and product life cycle for business.
A: The new development process for business are:
Q: List two products that are a combination of fields of study. Include the fields of study that are…
A: INTRODUCTION:- The fact that the certificate or associate 's degree programme in the U.s is…
Q: What factors could cause customer commitment to our brand or firm?
A: A brand is regarded marketing strategy that help in differentiation purpose for the product. It…
Q: What are the ways to improve a product mix?
A: In marketing mix, there are four types of mix which are product mix, price mix, promotion mix and…
Q: Business strategy idea for a new brand
A: For a new brand, its strategy starts with good intentions. You recognize that you require to be…
Q: Describe a product development system
A: A product development system is a system that every manufacturing company includes in their daily…
Q: What is the importance of legitimacy and efficiency of a product in a business?
A: The term legitimacy can be defined as a rule or something that confirms a set of standards. It can…
Q: identify a product that is not existing in the market today
A: A product can be explained as anything which holds the capacity to satisfy a need or want. Even a…
Q: How do product characteristics influence packaging andmaterials handling considerations?
A: Packaging decisions are one of the major decision of the products are processed and manufactured and…
Q: Identify one product you believe to occupy each stage of the life cycle of a product and provide…
A: An item life cycle is a period from an item initially being acquainted with buyers until it is…
Q: Create a develop phase for mobile phones in the product life cycle.
A: In the Product Development Cycle or Process, The development stage is the phase where the actual…
Q: What words would you use to describe each stage of the product lifecycle?
A: A product passes through various stages in it's life cycle since it's inception based on the market…
Q: What is meant by a brand name?
A: A brand name is a corporate name or domain name that allows the public to identify and distinguish…
Q: Briefly discuss why “optimal use of technology” is one of the four components that render a product…
A: In the recent past, there have been many significant inventions in the field of information…
Q: What is the product classification?
A: A product is an item or commodity that is sold by a company to the customers to fulfil their needs…
Q: what is The new product process
A: The new product process in the development of the product or services from generating the idea to…
Q: Identify different sources of new product ideas
A: Product Generation is a continuous activity that companies have to do from time to time in order to…
Q: Compare and contrast the two dimensions of product quality.
A: Product is the tangible or intangible form of a customers’ needs; it can be a product or service…
Q: ___________________ are the features that the consumer believes a product should have, such as a…
A: Market is a place where seller sells the product and buyer buys the product. Seller exhange the…
Q: Why do new products fail
A: The new рrоduсt оr serviсe dоes nоt fit with the сustоmers' рerсeрtiоns оf the соre…
Q: Design or draw and label the Product Life Cycle Stages.
A: Product life cycle refers to a marketing concept which explains that every product that exists in…
what is the process for creating new products
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- Using examples describe the attributes of a well designed productSelect a product and based on knowledge of the product life cycle, what types of changes will occur to that product as it continues through the product life cycle? How will this affect the marketing of the product?What is the importance of legitimacy and efficiency of a product in a business?