Do you need to have an organization (i.e., formal company) to innovate new products? Why or why not?
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- Why don't you need to have an organization (formal company) to innovate new products?What is the main difference between buying products and services for personal consumption and buying for an organization? Should they be the same?What is the benefit for: the organization, the society or the consumer in terms of marketing after discovering something products you'd want to purchase
- How has internet technology improved a company process? Could you provide an example and assess the product's economic value?What are non manufactured goods?How can the push-pull strategy be applied to marketing and sales management in a hypothetical business scenario, and what are the potential benefits and drawbacks of this approach in terms of attracting new customers, increasing sales revenue, and improving brand recognition and loyalty?
- When presenting your ideas to a potential buyer, what are some ways to stand out and have them choose your product.What factors lead to satisfaction with our product?Being locked into a product or technology is a problem only if such a product can be clearly shown to be inferior to an alternative. Using your understanding of market structure, briefly explain what difficulties there might be in establishing such a case?