Think of any new or revised product or service that you would like to see in the market. Discuss the implications of producing that product or service relative to legal, ethical, environmental, profitability, competitive, design and production issues.

Q: Select a product and based on knowledge of the product life cycle, what types of changes will occur…

A: Product life cycle or PLC - It is the process through which a product goes on from its introduction…

Q: Recreation and entertainment Areas for improvement in business

A: Recreation and improvement:- A business can improve its reputation by investing in recreational and…

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: Critically discuss (keeping the article in mind), the various business environments that Unilever…

A: Business environment refers to the set of environmental conditions in which any business operates.…

Q: Research the use of a filtration method that provides household (point-of-use) treatment in the…

A: The lack of clean drinking water creates a lot of burden of diarrheal disease and  life-threatening…

Q: Identify a business What is the product? What action is the business taking or planning to take?…

A: Below is the solution:-

Q: The environment, internal information, and external information help consumers evaluate and compare…

A: The environment, internal information, and external information help consumers evaluate and compare…

Q: What others think or how others perceive us will influence our choice of product or service.…

A: Customers behavior states the attitude and personality of customers that are seen when they make…

Q: The U.S. Environmental Protection Agency has implemented the SmartWayTransport Partnership. Discuss…

A: The SmartWay Transport Partnership is a creative joint voluntary program between the Environmental…

Q: Which Design Alternative will you choose and explain your decision?

A: THE ANSWER IS AS BELOW:

Q: Is there something unique or distinctive about the product or service that separates it from…

A: The value proposition is the solution offered by the company on the customer's problem. For this,…

Q: Which obstacles do manufacturers face when it comes to cost control and cost reduction?

A: Cost control and cost reduction can be broadly defined as a process where the expenses are reduced…

Q: fferentiation by Price, Promotion and Place usually are quite short term and can be copied by…

A: Yes completely agreed to the above points because Product differentiation methodologies are the…

Q: What aspects of a product or service design make it attractive

A: There are several aspects of a product or service  design,  which make it attractive. Some of these…

Q: If we don't initially get to know our consumers, how can we begin usability engineering?

A: Usability engineering is a field of study that aims at improvement of the usability of interactive…

Q: What are the activities performed by the business to produce a product or service successfully?

A: The entire process of bringing a product to request is appertained to as product development. It…

Q: dentify three possible ways of addressing the risks associated with innovative opportunity in…

A: There are various risks that are associated with the company's innovative opportunities.

Q: Identify the 4 categories of the Good-Services Continuum and provide an example of each?

A: Goods- Services Continuum is meant with the composition of goods and services. It helps the marketer…

Q: How to introduce the "remote control hydraulic crane" to the market to make it profitable

A: A business try to create profit for the shareholders by creating value for the customers. They…

Q: In markets where customers have heterogeneous preferences and there are many potential technological…

A: One of the criteria that determines whether an industry will have one or a few dominating designs is…

Q: what pestel challenges is lego trying to address by changing raw materials used in its products

A: In 2012, the LEGO Group previously shared its desire to discover and execute reasonable options in…

Q: Select a product or service and describe how the dimensions of quality influence its acceptance.

A: The most crucial meaning of a quality item is one that meets the desires of the customer.…

Q: arket today. It can be a new invention or an innovation to an existing item that does not currently…

A: Item advancement, otherwise called new product development or the board, is a consecutive request of…

Q: Think about a product/service you or your family really like and explain in detail why you like the…

A: There are many products and services, which I like. One of them is discussed as follows

Q: Identify ten (10) products and/or services you are using that require modifications, upgrades, or…

A: New Product Development refers to a process which includes activities related to developing a new…

Q: Think about a product/service you or your family really like and explain in detail why you like the…

A: Colgate toothpaste is one of the products that has consistently been part of our family for more…

Q: How does (Who,What, When, Where, Why and How, how much) help uncover the root cause of a problem?

A: A problem is a situation or a matter that creates disturbance and is never welcomed. A person always…

Q: To what extent has the use of technology influenced product and service   development?

A: The impact of technology on service strategy:

Q: What is the importance of service businesses to consumers?

A: Service industry: They provide financial and non-financial services to consumers. They involve…

Q: write a paragraph about how smartwatch will change the healthcare in UAE in 2030,2050 and 2070

A: Smartwatches are quite a revolutionary concept which helps in recording the day to day activities of…

Q: What can be a particular product (goods or service) that can be offered in the market that can…

A: Customer loyalty  Customer loyalty means that how much the products and emotional feelings of…

Q: Why is product development a cross-functional activity—involving finance, engineering,…

A: Business processes play a vital role in the efficient functioning of the organization. Business…

Q: How can economic engineers evaluate Design Alternatives to gauge product cost and price?

A: The monetary evaluation of the substitute for meeting a given goal is known as Economic Analysis.…

Q: What is the brand image, attributes (price, packaging, user, usage, color, size, design, features)…

A: Brand image, attributes and benefits of vaseline intensive care body lotion is explained below:

Q: Think of a new or revised product or service that you would like to see on the market. Discuss the…

A: The service being selected is travel and tourism to see the market and implications for the…

Q: Develop a Marketing Mix (Product, Price, Place, Promotion, People, Process, Physical Environment)…

A: Marketing mix is a set of tools used by a company to promote its brand, product or service in the…

Q: With reference to the Uber case study presented above, discuss any five of the six main elements…

A: In an organization, the structure, framework, and design play key roles in determining the level of…

Q: How will the organization differentiate its products and/or services from competitors’?

A: Companies must differentiate their products or services to get a competitive edge in the market.…

Q: Find a current example of a linear optimization model used in your industry. Describe the industry's…

A: Consider an organization in the mobile industry importing phones from the manufacturer. Let the…

Q: the characteristics of business models that are designed to create social value.

A: Social Value business models are enlargement of traditional commerce, which embrace the 3 parts…

Q: Why would you pay more today than you paid yesterday for the same product?

A: Customers at market place looks for good quality goods or services with better prices rather than…

Q: Do you believe that strategic advantages obtained by the effective use of IT are sustainable? Why or…

A: The strategic advantage is stated in terms of financial capabilities of the business to earn higher…

Q: How can discoveries and tests aid in the development of new goods and services that meet the needs…

A: New product propositions are critical for every company's growth and increase its desirability.…

Q: Which activities are as important as the production of goods?

A: Production activities include creating goods and services.

Lean Production

The word lean refers to the “slim “that is used in manufacturing for the systematic designing that focuses on minimizing the waste in the manufacturing or production with the constant productivity of the operation. Lean manufacturing was rooted from Toyota Production system a Japanese manufacturing company that works on the approach of minimizing the non-value-added activities and making the production lean.