Briefly discuss why companies undertake new food product development

Q: Propose an approach to new product development

A: A product is an offer offered by a company for sale to satisfy consumer needs and earning a profit.…

Q: What are non manufactured goods?

A: NON-MANUFACTURED GOODS

Q: Identify the reasons firmscreate new products

A: The reasons firm create the new product are: Changes in the market Changes in technology Increasing…

Q: Differentiate consumer and industrial product and provide sample companies that produces that…

A: The main goal or aim of any business is to develop a product or service and launch it in the market.…

Q: Why would consumers try to avoid food waste ?

A: The  consumer are  the only people for whom the business activities are performed. It means they are…

Q: Write a literature review on resturant businesses

A: Restaurant businesses have become an essential part of our daily lives, and the industry is…

Q: Discuss the Producer Consumer Problem citing examples

A: A consumer can be defined as any person who consumes goods and services offered by a company. The…

Q: How do the consumers dispose off the purchased goods or services?

A: These days, a variety of businesses and organizations are functioning. The organizations provide a…

Q: identify a product that is not existing in the market today

A: A product can be explained as anything which holds the capacity to satisfy a need or want. Even a…

Q: How does direct and indirect costs affects the food industry business?

A: In the food industry, both direct and indirect costs play crucial roles in shaping the financial…

Q: list three reasons that motivate organizations to develop or adapt products

A: Introducing a new product or a product advancement in the market can be a risky and time consuming…

Q: how is pharmaceutical protected by the government?

A: The objective of the question is to understand the various ways in which the government protects the…

Q: Write a note on Warehousing regarding the pharmaceutical industry? Write by your own sentences and…

A: Proper storage of goods means storing items so that the products remain durable, easily accessible,…

Q: What are some of the characteristics of consumer products?

A: Introduction : Consumer products, often known as final goods, are items acquired by individuals or…

Q: Discuss THREE (3) decisions involved in developing and marketing individual products and services

A: The three major decisions involved in developing and marketing individual products and services are:…

Q: Discuss the brand value of national foods

A: Brand value can refer to the monetary amount a business brand's worth. It affects a company's…

Q: Create a marketing plan for any new product in a given company

A: Marketing Plan – A business plan or a strategy that acts as the foundation for business operations…

Q: Creative and innovative ways of enhancing a product

A: A good product must have a solid value proposition and solve a real problem, perform tasks easily…

Q: Discuss the brand value of national food

A: Since 1990, National Food Group has constructed enduring associations with our clients by offering…