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- .Service variability meaning it's cannot be stored for later sale or use Agree Disagree The production concept meaning consumers will favor products that offer the .most in quality, performance and innovative features Agree Disagree O .The style is a larger concept than design Agree O DisagreePlease do not give solution in image format thanku Imagine you are a consultant hired to advise the Board of Directors about an innovative development that can lead the company to either sell a new product or enter a new market for an existing product. The company is a chicken farm that exports eggs 1. give ab overview of the new product idea or new market. There must be a rationale/justification for, the product/service/ new market, This must be clearly described and a unique value proposition should also be included here.Comparison shopping is * O seeking out a product with a well established name deciding which is the most popular product evaluating products to see which offers the best overall value O finding the least expensive product A good question to ask about health insurance coverage is * Are there limitations on the choices of health-care providers? What medical services are not covered? O How much are the deductables and copayments? all of the above A good idea when delning i
- Direction Multiple Choice 1. This refers to measure of how well customer expectation from a purchased product or service have been met a.Consumer goods b. Satisfaction c.Marketing d. Brand equity 2. This is the appreciation in a brand's value from the point of view of customers. a. Brand equity b. Satisfaction c.Marketing d. Consumer goods 3 These are products whose physical characteristics are so identical, that it would be difficult, it not impossible, to distinguish one purchased from one vendor or another a. Brand equity b. Consumer goods c. Marketing d. Primary Demand 4. It is a form of communicating or promoting the value of a product, service, or brand to the consumers. a Durable b. Primary demand c. Marketing d. Consumer goods 5. This can used in marketing to describe the way in which a service capacity cannot be stored for sale in the future. Services cannot be stored, saved, returned, or resold once they have been used Once rendered to a customer, the service is completely…Which of the following is NOT likely to be found in a company with a marketing orientation? The company: Sells whatever it can make. Designs its packaging as a selling tool. Uses marketing research to see if it is satisfying its customers. Sees delivery as a service. Focuses on locating new opportunities. Please share solution with reasoningWhich of the following best defines brand? A) An identifying mark for products or services B) A developmental method for a service C) A structure for selling products D) A type of style specific to certain services E) An organization of products and services
- Mature and well-established 2 points products are usually characterized by intense competition as new brands enter the market. * O True O FalseThe marketing concept takes an inside-out view that focuses on existing products and heavy selling. This concept aims to sell what the company makes rather than making what the customer wants. * O True O FalseAccording to the concept of the product life cycle; Group of answer choices a. product have a form and category b. product has limited life c. life span is determine by product category d. product has many attributes
- Product may be a good, service, or just an idea. A product is "all things offered to a market." Which of the following options is an appropriate example of an idea? a. Car b. Oman air c. Blood donation campaigns d. Muscat securities marketFormulate the action(s) necessary for customer knowledge management. I Gathering superior customer knowledge saves a firm the effort of codifying it. II Accumulating customer knowledge facilitates efficient investment decisions by a firm. III Customer information is transformed into knowledge through systematic organisation and analysis by a firm. Choose one correct option. (a) Both I and II (b) Both II and III (c) All of the listed choices (d) I only.._______ It is a plan for converting a product idea into an actual product or service.