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- Identify and discuss the following elements: 1. Concept 2. package 3. ProcessPut together an executive summary for a product management plan. This summary must include the objectives, key points, and any related data or essential parts which would need to be presented to the senior management team. Be sure to review the necessary ítems and concepts needed that are referred to in the modules when completing these tasks. By doing this you will have an essential understanding of this part of the product development plan process.When should you use generalising, overfitting, and underfitting, and what is the difference between these three techniques?
- What are the key considerations for selecting the appropriate package type for a specific organizational need?3. Which of the following refers to the marketing copy that explains what a product is and why it is worth purchasing?A. Prototype B. Product description C. Business Model D. SuppliersWhy are hand-drawn screens of the problem solution shown to the client in the early stages of requirements gathering useful? Explain why it facilitates communication. What purpose does it accomplish that is an important stage regarding the requirements?
- What is the third stage of new product development? a. Idea screening b. Concept development and testing c. Product development program d. Business analysisProduct may be a good, service, or just an idea. A product is "all things offered to a market." Which of the following options is an appropriate example of an idea? a. Car b. Oman air c. Blood donation campaigns d. Muscat securities marketChoose an example of an ad, brochure, flyer, poster, logo, or some other visual marketing piece and provide your assessment evaluating the design elements of the item (positive and/or negative). Upload or embed the image of the item you are evaluating.
- an executive summary for a product management plan. This summary must include the objectives, key points, and any related data or essential parts which would need to be presented to the senior management team.It Is the concept that can be applied to both products and services. a. logistics b. supply chain c. management d. marketingDirection Multiple Choice 1. This refers to measure of how well customer expectation from a purchased product or service have been met a.Consumer goods b. Satisfaction c.Marketing d. Brand equity 2. This is the appreciation in a brand's value from the point of view of customers. a. Brand equity b. Satisfaction c.Marketing d. Consumer goods 3 These are products whose physical characteristics are so identical, that it would be difficult, it not impossible, to distinguish one purchased from one vendor or another a. Brand equity b. Consumer goods c. Marketing d. Primary Demand 4. It is a form of communicating or promoting the value of a product, service, or brand to the consumers. a Durable b. Primary demand c. Marketing d. Consumer goods 5. This can used in marketing to describe the way in which a service capacity cannot be stored for sale in the future. Services cannot be stored, saved, returned, or resold once they have been used Once rendered to a customer, the service is completely…