Explain updating and improving current product line, Business Management

Assignment Help:

Explain about the continually updating and improving the current product line.

Creating a Constant Flow of New Products or Continually Updating & Improving the Current Product Line:

Into a product planning activity, this is clear that existing products and potential products both should be included. This follows that the activity itself must deal along with the proper balance in between old and new products within the product mix.

Product planning is generally linked along with the Market Analysis inputs. The inputs will specify the need for new products or require for new process or updating and improving the current product. By the prediction of ecological, societal, political and technological and/or economic trends that the anticipated requirements can be often determined.


Related Discussions:- Explain updating and improving current product line

Explain behavioural segmentation, QUESTION a) Elaborate on three advant...

QUESTION a) Elaborate on three advantages and three disadvantages of online survey. b) One to one marketing is a type of relationship marketing. Explain what is meant by thi

Enhance the communication climate within firms, QUESTION Your Managing ...

QUESTION Your Managing Director has asked you to prepare a presentation for the staff of the Human Resources Department who have no experience in interpersonal skills and how t

Caselet, What should Mr. Sharma have done to avoid the misunderstanding?

What should Mr. Sharma have done to avoid the misunderstanding?

ABC LIMITED, List some scientific decision aids that you may prescribe to i...

List some scientific decision aids that you may prescribe to improve the situation.

Systems orientation, PM alone cannot eliminate or drastically reduce break...

PM alone cannot eliminate or drastically reduce breakdowns. Supporting it there should be various steps taken in design development and engineering such that maintenance itself

What types of organisations, 1. Discuss what types of organisations these a...

1. Discuss what types of organisations these are and how this might affect the types of accounts they produce and who might use them and how. 2. Compare the business environment f

Ahsford university, Knowing your Learning Patterns is important primarily b...

Knowing your Learning Patterns is important primarily because (Points : 1)

Job analysis is useful for successful people management, QUESTION 1 As...

QUESTION 1 As an HR officer, you have been asked to produce an HR Plan for an organization (a) Why should an organization select to engage in some form of Human Resource Pl

Characteristics of performance, Marketing is responsible for determining ...

Marketing is responsible for determining the key characteristics which determine the quality of the product or service in the eyes of the customers. This may involve use of

Write Your Message!

Captcha
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