c) Product concepts

Q: What is a marketing information system (MIS

A: Marketing management is the process of planning, creating, and implementing the business's…

Q: is Maslow's Hierarchy of Needs still significant to the present time ?

A: Maslow's Hierarchical needs philosophy was introduced by Abraham Maslow which is known to be one of…

Q: "Hybrid Approach" signify in data warehousing?

A: A data warehouse is the repository of the organization where all information is stored. The…

Q: What are the differences among the three types of vertical marketing systems?

A: A vertical marketing system is a sort of collaboration between distribution channel participants. It…

Q: How can public relation benefits a business ?

A: Public relations refers to the process of managing public opinion and the company's relation with…

Q: Sales promotion is bridge covering the distance between promotional advertising and field selling ?…

A: What is a sales promotion? A sales promotion is a marketing task that is designed to grow your…

Q: In the context of new product development, from idea to manufacture, what are the key stages in a…

A: New Product Development refers to the process of converting a business opportunity or business idea…

Q: In what ways can the flow of information be managed in the supplychain? How can the ready flow of…

A: The interchange of information across people, processes, and systems inside an organization is…

Q: #2 What is a marketing information system (MIS)? What types of information does it include?

A: The marketing information system (MIS) is a system that consists of a number of steps intended to…

Q: What factors should be taken into account while selecting a suitable media of advertisement ?

A: Introduction : Advertising media covers a wide variety of public relations tools. Many channels of…

Q: Briefly discuss four different types of performance standards available to Checkers and provide…

A: Performance standards are the expectations and requirements of management from its employees that…

Q: Geofoam Product Advantages/Disadvantages

A: The first use of EPS Geofoam was done in Oslo, Norway in 1972. Because of the success of the Oslo…

Q: New product development starts with ………….. a) Idea generation b) Idea Screening c) Concept…

A: Yes, new product development starts with a idea generation.  Idea Generation in Entrepreneurship…

Q: What issues should manufacturers consider when choosing retail partners?

A: Retail partnerships are joint ventures between two businesses. Each relies on the resources and…

Q: Are global consumers spoiled and unrealistic in their expectations,

A: A market is a place where buyers and sellers can meet to fulfill each other demands and needs by…

Q: Write about the objectives of sales promotion

A: Introduction : Sales promotion is a marketing strategy that aims to create demand for certain…

Q: marketing information system (MIS)? What types of information does it include?

A: A management information system that supports marketing decision-making is known as a marketing…

Q: Coca colas 5 sthrenght? what are coca colas 5 weakness

A: SWOT analysis is a part of strategic management that helps organizations analyze their strengths,…

Q: What kind of sense does retargeting make? What proportion of online shopping carts are abandoned on…

A: Retargeting means targeting customers who leave the website by looking at the product and adding the…

Q: E-commerce has been more and more popular recently. What are the main factors that contributed to…

A: Ecommerce, often known as electronic commerce or online commerce, is the purchase and selling of…

Q: Apple has personified the brand in its advertising to convey it's young, fun, laid back brand…

A: Apple has personified the brand in its advertising to convey it's young, fun, laid back brand…

Q: How does transportation affect the market entry strategy for the M-Box and MES-SIM in the Australian…

A: The value of American exports to Australia in 2021 increased from the US$23.4 billion in 2020 to…

Q: Should Tana, a young entrepreneur who is launching a new line ofenvironmentally friendly (green)…

A: Business- An organization or enterprising entity engaging in industrial, commercial, or professional…

Q: 6.

A: Business operation refers to activities that every business engages in to conduct its work and task…

Q: Compare and contrast the difference between globalization of production and globalization of…

A: Globalization refers to the changes in the world where we are moving away from self-contained…

Q: How significant is cloud computing in the e-commerce industry?

A: Introduction Cloud computing provides various computing services through the internet, such as…

Q: What are specific examples that illustrate the difference between need-satisfying objectives and…

A: Need satisfying objectives- To increase the profit of the company & sell more of their products…

Q: Targeting is important as it forces a strategic focus that begins with the customers and market and…

A: Targeting is a strategic marketing which focus on identifying potential customers in the market,…

Q: Why is Packaging defined as an effective Marketing tool ?

A: Introduction : Packaging is the broad category of activities in product planning that enable…

Q: two approaches to responsive design are distinct: Mobile First and Desktop First.

A: When you choose a desktop-first design, you begin by basing your design on a desktop computer (also…

Q: question 1 A product has life cycle is an important tool for marketers,management and designer…

A: A product life cycle can be defined as the lifespan of any product. It is a process in which the…

Q: Ethical issues are important in Marketing

A: Brands can engage prospects with high trust, customer loyalty, a sizable market share, higher brand…

Q: During the pandemic, there has been an uptick in limited edition products and promotions. Why?…

A: Marketing strategies - The business tactics to present the product or services to lure more…

Q: explain how power and privilege have had an impact on the way covid has been addressed or dealt…

A: COVID is also known as coronavirus, it is a kind of deadly virus that causes several health problems…

Q: The Opportunities and Challenges of Digital and E-Marketing Question Content Area INTRODUCTION: Are…

A: The usage of Digital an E-marketing has increased significantly because of the various benefits it…

Q: Conduct research to identify a company that has gone beyond e-commerce to develop an e-business…

A:

Q: Explain how the phases of the business cycle can be applied in a real-world, professional context

A: Every company when enters into the market has to face 4 different stages in a business cycle. The…

Q: "Even today, if I tell my parents or their friends to buy through online marketplaces, they will…

A: As mentioned in the paragraph, this indeed is something all new generation people feel with their…

Q: Subject: Channel management Q): Need to create a channel of any FMCG product?

A: Distribution channels refers to channel through which the organizations distribute their products to…

Q: manufacturers often struggle between what is deal and what is practical in the marketing…

A: marketing is a vast topic including various areas like marketing communication, research, customers…

Q: Given the multiple definitions in this section, what is the most important common quality that…

A: ENTREPRENEUR: An individual who starts a new firm, taking on the majority of the risks and reaping…

Q: Why Marketing Research is an decisions effective marketing aid to

A: Introduction : Marketing research is conducted to gain a deeper understanding of the company's…

Q: You have been hired by a regional supermarket chain as the candy andsnack buyer. Your shelves are…

A: Merchandizing is the activity of making things available to buyers at retail facilities, typically…

Q: Obtaining visitors is one of the most tough components of developing a website. Is it feasible to…

A: Developing a website plays an important role in creating an online presence of the business in the…

Q: does

A:

Q: Give any local tourist destination (my chosen destination is BORACAY) and discuss the positive and…

A: Tourism refers to the activity of traveling from a home location to a tourist destination or a…

Q: Answer D to F

A: A product market is nothing but taking a product to the market. It is a place where the finished…

Q: Streng ple is a long-established vehicle dealer. Due to government regulations Streng plc has…

A: The term "product life cycle" describes how long it takes for a product to go from being presented…

Q: Explain the steps in the product adoption curve and the types of messaging and media that are likely…

A: Products and services are the value proposition of companies to customers. They act like tools to…

Q: Please help me in finding this question answer. Complete the exercise with the impact of the…

A: Marketing Operational activities are the backbone of marketing activities, events, promotional…

Product and Service Innovation

Product innovation is the introduction of either a new product or an existing product with significant improvements related to its characteristics. Improvements could be in various specifications and areas such as technical, technological, physical use, software updates, overall size and texture, and so on. For instance, consider the Apple Watch; they release different series every year with significant updates and improvements such as using cellular technology, monitoring your heart rate, acting as your fitness partner, measuring blood oxygen level, and so on. We see the addition of features in every series, and these improvements make them a different product altogether.