Reference no: EM132927060
Question 1: Assume you come up with an idea for a new electronic product you think your fellow students would really like. How would you go through the product development process? How would you accomplish each step within that process?
Question 2: A fundamental question in the product purchase decision-making process is what makes this product different. As a result, marketing managers must identify important characteristics that successfully differentiate their product from others in the customer's mind. List and explain an example of 4 product discriminators businesses use to differentiate their products in the market.
Question 3: Select various products as an example of each of the stages of the Product Life Cycle concept. Identify and discuss the marketing characteristics that are present for that particular life cycle stage with the product you selected.
Question 4: Choose a branded product of your choice. Identify and create a relevant profile such as age, income, gender, income, education, ethnicity, marital status, education, household (or business), size, profession/Occupation, geographical area, and personality for the marketing segment the product serves.
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Determine the unearned service contract revenue
: Contracts sold in 2019 and 2020 amounted to P3,780,000 and P4,620,000, respectively. Determine the unearned service contract revenue
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Develop a plan for an employee training session
: Identify specific, relevant topics that should be covered during the training session, with justification.
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Demonstrate knowledge of the legislative
: Demonstrate knowledge of the legislative, executive and judicial branches of the federal government. Demonstrate knowledge of the federal system
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What do you understand by country of origin
: What do you understand by country of origin? How does it affect the consumer preferences while buying any product?also Give three examples to discuss the concep
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Explain an example of four product discriminators businesses
: A fundamental question in the product purchase decision-making process is what makes this product different. Explain an example of four product discriminators
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Calculate the estimated warranty expense for current year
: Total sales for 2019 are $856,000. Calculate the estimated warranty expense for the current year. Prepare the Journal entry
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Why do product strategy fail
: Why do product strategy fail? Explain is the relationship between segmentation, target marketing, and positioning? explain various strategies for extending.
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Make the journal entry to record the transaction
: Black and White each have equity in the partnership of $40,000 and $30,000 each. Make the journal entry to record the transaction
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How individuals and teams can be used effectively
: How individuals and teams can be used effectively?List strategies and practices a company could implement to build and maintain individual and team performance.
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