Explain the possible results of the given differentiation

Assignment Help Management Theories
Reference no: EM131810423

Problem: Product Differentiation

You are the owner of Lobster's Unlimited. You have no trouble catching lobsters, but you have dif?culty in selling all that you catch. The problem is that all lobsters from all vendors look the same. You do catch high-quality lobsters, but you need to be able to tell your customers that your lobsters are better than those sold by other vendors.

1. What are some possible ways of distinguishing your lobsters from those of other vendors?
2. Explain the possible results of this differentiation.

Reference no: EM131810423

Questions Cloud

Estimate the cost in year : The cost of garbage pickup in Green Valley is $4.5M for year 1. Estimate the cost in year 3 in year-1 dollars and in nominal dollars.
What is the firm optimal capital budget : The managers of United Medtronics are evaluating the following four projects for the coming budget period. What is the firm's optimal capital budget
What is the best way to minimize the weighted average cost : What is the best way to minimize the weighted average cost of capital
Useful and depreciable life : Both alternatives have a 5-year useful and depreciable life and no salvage value. Alternative A would be depreciated by sum-of-year
Explain the possible results of the given differentiation : What are some possible ways of distinguishing your lobsters from those of other vendors? Explain the possible results of this differentiation.
Discuss the objective of using probability proportional : Determine the correct expansion factor. Determine the sample size you should use.
How should the transaction price be allocated : How should the transaction price be allocated to the equipment, installation, and training?
Breakeven rate of return of purchase versus lease : (a) If the company uses the after-tax minimum attractive rate of return of 10%, should it lease or purchase the plant?
Review historical financial statements : Review Historical Financial Statements (CSRE 2400) and an Auditor Review of Interim Financial Statements (7060).

Reviews

Write a Review

Management Theories Questions & Answers

  Learning in action

Learning contract proposal that will form the basis of your learning contract report.

  Change is the only constant

"Change is the only constant " Evaluate the different types of change that have occurred in Sony.

  How do advertisers try to use group influence

How do advertisers try to use group influence?  Will you find any specific examples and explain the relevant theory of group behavior and influence?

  Case study:saving sony

You have been appointed by Sony as a consultant on change management. Advise Sony on how they could implement the change by using the various theories of change you have learnt.

  How the stock market works

The purpose of this project is to help you to gain an understanding of how the stock market works and of the relationship between theory and practice.

  Find the optimal production quantities

Find not only the optimal production quantities, but also the optimal total cost.

  Describe the management process

Describe the management process and identify the skills required to manage business organizations.

  Case study : bert''s bonsai and aquatic sport museum

Case Study : Bert's Bonsai and Aquatic Sport Museum Prepare a knowledge management system.

  Knowledge management techniques

Demonstrate understanding of the many-sided nature of knowledge management

  Theory of transtheoretical model

Demonstrate understanding of the many-sided nature of knowledge management

  Write a paper on historical trends of management

Write a paper on Historical Trends of Management.

  Theory of reasoned action

Theory of Planned Behavior and Integrated Behaviors Model

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd