Importance of IT in newly developed company functional areas

Q: How do high-learning and low-learning products differ?

A: A product means anything that has a value which is made available to the customers in the market to…

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: explain the meaning of the following concepts  Financial Program Commercialization Decline Stage…

A: 1. Financial Program- This is a finance term that expresses two related activities. It is the study…

Q: What is the specific purpose of an acceptable use policy?

A: All business organizations and many other institutions always work upon some basic rules,…

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: Explain the strategic value of brand equity

A: As businesses shift their focus away from the product and toward the customer, the whole perception…

Q: Is technology the primary determinant of the products in the firm? Explain how?

A: Technology refers to the processes through which inputs are converted into outputs. Technology is…

Q: List the six characteristics distinguishingservices from goods

A: Marketing is said as promotional activity where business depends on advertising and publicity of…

Q: Discuss some of the implications of overpaying for an acquired company?

A: Every company that operates in the market aims at expanding its business and gain a competitive edge…

Q: Why is rivalry not a major force in the generic pharmaceuticals industry? give examples

A: Competitive Rivalry is the healthy competition between two or more companies in the same industry,…

Q: What are the Advantages of Using IT in a Competitive Environment?

A: Information Technology (IT) is very crucial part of the environment. The changes in IT raises…

Q: How might a company establish a brand identity in the marketplace?

A: The terms "emblem" and emblem" are frequently used interchangeably. But aleven though a emblem may…

Q: Give two examples or scenario of general acceptance

A: A contract can be defined as an agreement whereby one party agrees to work for another party on…

Q: What are the characteristics of an effective brand name?

A: A brand name helps companies to create recognition and customer loyalty for them. Companies spend a…

Q: Discuss several total products that are more than their direct features?

A: Total products are a term that refers to a product's or service's package of services; customers use…

Q: Discuss Why is brand management important for a company's success?

A: Branding is the important decision for the company. The success of the company depend upon the…

Q: What does the purchaser of a product obtain besides the good, service, or idea itself?

A: A buyer of an item, other than acquiring merchandise, administrations, and thoughts, gets great…

Q: Define Business products?

A: business product unit the product and services that people would like to buy to furnish their homes…

Q: How do generalization, overfitting, and underfitting differ?

A: Machine learning and data analysis have become increasingly important in many industries, and the…

Q: the importance of the potential product

A: A potential product helps a company in many ways. Few of them are given below:

Q: How does brand persona help a company better target and segment its product or service?

A: Brand Persona: A brand persona is an assortment of personality characteristics, mentalities, and…

Q: Briefly discuss why companies undertake new food product development

A: Product development is the next step in product planning. It help to identify the possibility of…

Q: Identify the likely prospects for your product or service

A: Segmentation is one of the most important and first activity in the process of marketing. If…

Q: Describe the various stagesinvolved in developing a newproduct or service

A: A product is an offering of the company to its customers to satisfy their needs and wants and earn…

Q: Explain types of business products?

A: Business products are the goods and services needed in the process of creation of other goods and…

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…