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Explain about piecemeal modernization in the line modernization.
Piecemeal modernization is less of a drain upon the company’s cash flow. A main disadvantage of Piecemeal Modernization is that this permits competitors to observe changes and starts redesigning their own line.
In quickly changing Market Product Modernization is carried out incessantly since competitors are continuously upgrading their options. Every company should redesign their own contribution. A company would like to upgrade customers to higher valued higher priced items. A main issue is the timing of the product line improvement than they do not happen to untimely and damage the sales of their current product line or came out later so that the competitors can establish a strong foothold.
Define emphasis of marketing to offer product to customers. Marketing lays emphasis onto giving the product to customers at the right price, at the right place, in the right pl
Explain the term- Promotion of product Promotion: If product is manufactured keeping the consumer needs in mind, is rightly priced and made available at outlets convenient
As per the Osborne and Gaebler, governments don't work well, since they are tall, sluggish, over-centralized, and preoccupied with diverse rules and regulations."We developed publi
Problem 1: Using examples and illustrations, elaborate on the stages of business buying process and its influences. Problem 2: (i). Describe the distribution channel.
What is Advertising Standards Council of principles? Explain in briefly. Advertising Standards Council of Principles: a) To make sure the truthfulness and honesty of demo
DRIP elements of marketing communications DRIP element Examples Differentiate Burger King differentiates itself from market
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Market attractiveness is a measure of the profit potential inbuilt in the structure of a market or industry. There are a large number of factors contributing to (and which may be
The Marketing Concept The marketing concept holds that gaining organizational goals based on determining the wants and needs of target markets and delivering the desired satis
Demonstrate your understanding of the principles of marketing by illustrating the motivation behind energy drink consumers.
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