Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Martin has just launched a new set of children’s books called RugRatReaders. These books are largely indestructible due to the materials they are made from. What does this feature represent?
a. the product's tactical advantage
b. the product's competitve advantage
c. the product's feedback
d. the product's objective strategy
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution
Trending nowThis is a popular solution!
Step by stepSolved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.Similar questions
- Which of the following are marketing drivers for successful innovation? I. Brand strength II. Disturbance III. Feature and Display IV. Relative Price a. I, II and III only b. III only c. I, III and IV only d. II and III only IPRs may pose a challenge to entrepreneurs by restricting access to new ideas and inventions. Select one: True False Which of the following statements are correct? I. The insights gained from the customer, market dynamics, and new business models are important inputs of the discovery process. II. Business opportunities that receive the green light will be taken into consideration in the company’s strategic planning process. III. The lack of diversity in functions and skills, when selecting the Discovery team, can limit the quality of output of the discovery process. IV. Funding requirements for a strategy innovation initiative will by influenced by the size of the company. a. II ONLY b. I, II AND III ONLY c.…arrow_forwardon Clear my choice What can a successful brand promise do? Select one: O a. Provide a high-quality image. O b. Make the product unique for each customer. O C. Clarify the business processes. O d. Communicate an enticing benefit. Which of the following is not commonly associatedarrow_forwardStatement 1: Labelling have descriptions which makes more meaning to the products which are packaged Statement 2: as labelling protects the products and holds the content Group of answer choices Statement 1 is correct and Statement 2 is incorrect Statement 2 is correct and Statement 1 is incorrect Both Statement 1 and Statement 2 are incorrect Both Statement 1 and Statement 2 are correctarrow_forward
- 5 points Save Ans A company's marketing communications mix-also called its promotion mix-blends five different components. List and define these components For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 14px A varrow_forwardThe following are the major steps in developing new products EXCEPT_____. Select one: A. Idea generation B. Evaluation of competitors effort C. Test marketing D. Project Planningarrow_forwardThe following are the major steps in developing new products EXCEPT_______________. Select one: A. Idea generation B. Evaluation of competitors effort C. Test marketing D. Project Planningarrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
- Understanding BusinessManagementISBN:9781259929434Author:William NickelsPublisher:McGraw-Hill EducationManagement (14th Edition)ManagementISBN:9780134527604Author:Stephen P. Robbins, Mary A. CoulterPublisher:PEARSONSpreadsheet Modeling & Decision Analysis: A Pract...ManagementISBN:9781305947412Author:Cliff RagsdalePublisher:Cengage Learning
- Management Information Systems: Managing The Digi...ManagementISBN:9780135191798Author:Kenneth C. Laudon, Jane P. LaudonPublisher:PEARSONBusiness Essentials (12th Edition) (What's New in...ManagementISBN:9780134728391Author:Ronald J. Ebert, Ricky W. GriffinPublisher:PEARSONFundamentals of Management (10th Edition)ManagementISBN:9780134237473Author:Stephen P. Robbins, Mary A. Coulter, David A. De CenzoPublisher:PEARSON
Understanding Business
Management
ISBN:9781259929434
Author:William Nickels
Publisher:McGraw-Hill Education
Management (14th Edition)
Management
ISBN:9780134527604
Author:Stephen P. Robbins, Mary A. Coulter
Publisher:PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract...
Management
ISBN:9781305947412
Author:Cliff Ragsdale
Publisher:Cengage Learning
Management Information Systems: Managing The Digi...
Management
ISBN:9780135191798
Author:Kenneth C. Laudon, Jane P. Laudon
Publisher:PEARSON
Business Essentials (12th Edition) (What's New in...
Management
ISBN:9780134728391
Author:Ronald J. Ebert, Ricky W. Griffin
Publisher:PEARSON
Fundamentals of Management (10th Edition)
Management
ISBN:9780134237473
Author:Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:PEARSON