What are the three areas of concern for product management ? Explain .

Q: What value does creating an integrated marketing communications strategy hold for companies?

A: Introduction :- Integrated Marketing Communications (IMC) is an approach to marketing communication…

Q: Improving the rate at which customers return is a key part of every successful business plan.…

A: You must also consider new clients to ensure your estimates stay the same. It also showcases the…

Q: Apple products are ............. other companies’ products.    a) much more expensive, then    b)…

A: Apple is an organization which needs no introduction. It's products are acceptable worldwide without…

Q: Explain the various discounts and allowances offered to the customers and dealers

A: Introduction :- Discounts and allowances are reductions to the price of goods or services that are…

Q: Discuss how differentiation can help a company establish competitive advantage over its competitors.…

A: Competitive Advantage  A company's ability to produce goods or services faster, more cheaply, or for…

Q: Discuss the importance of segmentation research. How does it affect the development of market…

A: A more efficient method to target customers is to identify buyers who have a higher propensity to…

Q: The Nike brand name is most commonly associated with trainers, but Nike also produces a range of…

A: INTRODUCTION -  The term "competitive positioning" refers to how a marketing team could…

Q: According to the situational leadership model, which style of leadership will be most appropriate…

A: According to situational leadership theory, a leadership style should be chosen for a particular…

Q: Personal Devices Inc., based out of Portland, Oregon, is a manufacturer of premium cell phones. Most…

A: The company Personal Devices Inc. is a manufacturer of premium mobile phones. However, the company's…

Q: 1. In your own word, describe Apple's supply chain. 2. What differences set Apple apart from its…

A: Company A is one of the leaders in the manufacture of phones, laptops, and music devices. It targets…

Q: Dental care is a growing concern in emerging markets. Jeff's Toothbrushes is an American dental…

A: A) This statement strengthens the argument of the senior executives who are advocating against…

Q: Think about the potential reactions of computer and mobile device users if programs or applications…

A: There are many different things that could result in a problem with a computer. No matter what is…

Q: explain the services rendered by the retailers .

A: Retailers are commercial establishments that deal in selling products and services to the end user…

Q: Describe the components of the 7C online marketing framework?

A: Online marketing also known as digital marketing is the promotion of brands to connect with…

Q: Are you able to describe the operational environment in addition to providing an explanation with an…

A: Business is the regular practice of making money by meeting customer demands through the production…

Q: How do referral questions vary as a function of the context within which the referral question is…

A: Referral questions are a recapitulation of the issues brought up when the student was brought to the…

Q: Analyze the expansion of IT infrastructure and its effect on business results.

A: In the current business environment, businesses continue to seek ways to meet the changing business…

Q: In what ways has technology advanced over the last several decades, and what kind of technological…

A: The degree of innovation brought about by technology: If new ideas are not implemented, the world…

Q: A ________ describes when a company adapts products and marketing strategies for all the national…

A: Option (c) global strategy A global strategy describes when a company adapts products and marketing…

Q: The Value Proposition Canvas ... Select one: a. is a way to represent the business model of a firm.…

A: The value proposition canvas is an outline or a blue-print that makes sure that the positioning of a…

Q: What are the problems of false consensus error? How can managers deal with this tendency?

A: Since you have asked multiple questions, we will solve the first question for you. If youwant any…

Q: I would like you to find a current article (no more than 6 months old) that describes a strategic…

A: INTRODUCTION -  Conducting a competitor study, also known as a competitive analysis, entails…

Q: 4)Give your own examples of Staple products, Impulse products, Emergency products, Shopping…

A: To satisfy different types of needs various types of products are being manufactured. For the sake…

Q: What are the components of a digital marketing strategy?

A: Digital marketing strategies allow you to test different ways to engage customers. If one of the…

Q: Assume the role of a product manager who is searching for products to import to the US. Propose how…

A: INTRODUCTION -  Oho Chips is a product that is currently being considered for import to the US…

Q: What is the primary purpose of adaptation of a product or marketing campaign?   A) to translate the…

A: Please find the answer below.   MARKETING CAMPAIGN: Advertising campaigns spread the word about…

Q: Dimensions of business environment. Any 4

A: The business environment is the combination of micro and macro dimensions that have a direct or…

Q: Are you able to describe the operational environment in addition to providing an explanation with an…

A: The Operational Environment is a combination of conditions and factors that sway an organization's…

Q: Can you explain and make a summary and add some examples (Like Jollibee) of the given below?…

A: INTRODUCTION -  The process of globalization refers to the increasing interconnectivity and…

Q: Discuss five (5) major segmentation variables that a marketer may use to segment the industrial…

A: The activity of dividing the potential buyers of a product into different categories on the basis of…

Q: scan your newspaper radio tv internet or other advertisements and describe one of these…

A: Price refers to a certain amount that is exchanged for a product or a service. It plays the role of…

Q: To what extent can you attribute the growth of business-to-consumer (B2C) e-commerce to the five…

A: INTRODUCTION -  The practise of performing direct sales of goods and services between a company and…

Q: Evaluation of employee performance must include measures that are relevant and controllable by the…

A: Employee performance evaluation is a critical process that helps organizations to determine the…

Q: identify Coca-cola’s current mission statement. Critically review the mission statement and discuss…

A: * Introduction- Coca-Cola is an American multinational beverage manufacturing organization that…

Q: Research the pizza industry has chosen and presented an overview of the current outlook for that…

A: The pizza industry is a global industry, with pizza being a popular food choice in many countries.…

Q: Which of the following is not a strategy for managing demand? Select one: A) Shifting demand into…

A: Demand management is a method of planning. Businesses use it to forecast demand for services and…

Q: ●Identify a tourism industry-related problem ●Identify innovative technological tools that can be…

A: Some of the trends that are impacting the travel industry are: Increase in the population of…

Q: How did the Amazon implement such changes in their marketing efforts? During COVID -19

A: The recent global financial crisis is still impacting the world, and as a result, most nations' GDP…

Q: Explain what you understand by Budgets, Fixed Budgets and Flexible Budgets in the context of control…

A: A budget is a financial plan that lays out expected revenues and expenses for a specific period of…

Q: Motivation can be described as the driving force within individuals that impels them to action. a)…

A: Motivation can be defined as the psychological drive or force that drives an individual to act in a…

Q: should businesses take into consideration when communicating with the Japanese culture

A: Business will create value for customers and shareholders. A business is created by founders and…

Q: Many of the fast food chains from the United States are entering markets in Middle Easterncountries.…

A: Market research is one of the most crucial activities of any manager. It helps to scan out the…

Q: Explain why do we study consumer behaviour?

A: Introduction:- Consumer is the focus point of all the marketing activities. Consumer behaviour is…

Q: ICT enables many socially useful services, but what part does each part play?

A: INTRODUCTION -  The infrastructure and parts that make up modern computers are known as ICT, or…

Q: Which of the following pressures a firm to improve its local responsiveness? A) the desire to…

A: A firm may need to improve its local responsiveness in order to accommodate differences in…

Q: What should an organization do to sustain the strategic benefits of an IS?

A: Strategic Information System is an Information Technology based Information system that enables the…

Q: Describe what you can expect to see in each of the five sections of a research article.

A: * Introduction- A research article can be segmented into Five following sections namely, Abstract,…

Q: What words would you use to characterize the method in which you run the company

A: Note: “The answer has been framed in a generalized manner”. A company refers to a legal entity that…

Q: In what ways has technology advanced over the last several decades, and what kind of technological…

A: Technical practice is the activity that creates and uses technological outcomes. Technology is…

Q: 1. What are the challenges that Apple faces in the future and what are the implications for its…

A: Apple faces several challenges in the future, including the impact of the COVID-19 pandemic on its…

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.