Operations Management
17th Edition
ISBN: 9781259142208
Author: CACHON, Gérard, Terwiesch, Christian
Publisher: Mcgraw-hill Education,
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Chapter 20, Problem 13CQ
Summary Introduction
To determine: The information given by the value curve for a product concept.
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Students have asked these similar questions
A new product may fail for many reasons. Which of the following is NOT one of them?
O Rapid market acceptance
O Poor product positioning
O Poor product design
Overestimated market size
Mature and well-established
2 points
products are usually
characterized by intense
competition as new brands
enter the market. *
O True
O False
Which statement is true of product positioning?
a.
The quality of competing products does not influence product positioning.
b.
It is a process that influences potential customers' overall perception of a brand and product line.
c.
There are two positioning bases: application and price.
d.
It assumes that consumers compare products solely on the basis of price.
Chapter 20 Solutions
Operations Management
Ch. 20 - Prob. 1CQCh. 20 - Prob. 2CQCh. 20 - Prob. 3CQCh. 20 - Prob. 4CQCh. 20 - Prob. 5CQCh. 20 - The Kano model classifies needs into three...Ch. 20 - Prob. 7CQCh. 20 - Prob. 8CQCh. 20 - Prob. 9CQCh. 20 - Prob. 10CQ
Ch. 20 - Prob. 11CQCh. 20 - Prob. 12CQCh. 20 - Prob. 13CQCh. 20 - Prob. 14CQCh. 20 - Prob. 15CQCh. 20 - Prob. 16CQCh. 20 - Prob. 17CQCh. 20 - Prob. 18CQCh. 20 - Prob. 19CQCh. 20 - Prob. 1PACh. 20 - Prob. 2PACh. 20 - Prob. 3PACh. 20 - Prob. 4PACh. 20 - Prob. 5PACh. 20 - Prob. 6PACh. 20 - Prob. 7PACh. 20 - Prob. 1CCh. 20 - Prob. 2CCh. 20 - Prob. 3C
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- Which of the following is Not a challenge presented by the product life cycle that a firm mustface?a) All products eventually decline.b) Changes tastes, technologies and competition affect the marketing of the product as itpasses through lifecycle stages.c) A firm must be good at developing new products to replace aging oned) It is difficult to plot the stages as a product goes through them.arrow_forwardWhich of these does not increase the customer's willingness to pay ? - Price - Product Features - Brand - Advertising which is the correct option ?arrow_forwardMartin 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 advantageb. the product's competitve advantagec. the product's feedbackd. the product's objective strategyarrow_forward
- What is the purpose of building a minimum viable product?a. To test the technical feasibility of the productb. To test whether or not the product can be produced economically at scalec. To test if consumers want to buy the productd. None of these options is correct.arrow_forwardAs per the following types of needs in products consumption, give a parctical example on each type in a case of purchasing a new car: STATED, REAL, UNSTATED, DELIGHT, SECRET? [5 marks] For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 14px E.. O WORDS POWERED BY TINY "The Elite" dining restaurant faces a problem of a declining number of frequent visits of its Loyal Guest. Explain Save All Ansu QUESTION 22 --- Lele the Click Save and Submit to save and submit. Click Save All Answers to save all answers.arrow_forward(9) Value proposition is a set of buyers who share common needs or characteristics that the company decides to serve. Α. True False Select one: True False B.arrow_forward
- 3. Brand loyalty is defined as "a deeply held commitment to rebuy a preferred product or service consistently in the future, despite situational influences and marketing efforts having the potential to cause switching behavior" (Oliver, 1997, p. 392). Create three questions in a Likert format, which tightly reflect the above-definition well.arrow_forward1) Objectives of packaging should help in product production and transportation. Select one: O True O False 2) Brand Association leads to remember competitor brands. Select one: O True O Falsearrow_forwardis simple tags or complex graphics that are part of the packaging buyer's view mix seller's view product development line extension factory consistency demand Internal marketing Labelingarrow_forward
- Regarding product attributes which is correct? O A product has more attributes than tangible and intangible ones ONeither tangible nor intangible product attributes are important O Tangible product attributes are more important than intangible ones O Both tangible and intangible product attributes are important Intangible product attributes are more important than tangible onesarrow_forwardWhat is the difference between primary needs and secondary needs?a. Primary needs are more important than secondary needs.b. Primary needs consist of multiple secondary needs.c. Primary needs are the needs that the product development team discovers first.arrow_forwardAccording to the concept of the product life cycle; Group of answer choices a. product have a form and category b. product has limited life c. life span is determine by product category d. product has many attributesarrow_forward
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