What is product-service bundling, and what are the benei ts to customers?

Q: Define when a company builds service activities into its product offerings.

A: A company builds service activities into its product offerings when the nature of the product is…

Q: rly how it is used  can be employed in a practical business scenario

A: Data automation is deemed essential for company sustainability. Data automation is defined as the…

Q: When Ralph Lauren makes shirts to a customer’s exact preferences, what utility is provided?

A: Production of any product is made according to the needs of the customer. Alternatively, since the…

Q: How do the elements of the value chain differ between a traditional brick-and-mortar retailer and an…

A: The value chain is a concept developed by Michael Porter, a renowned business strategist, to…

Q: What is the advantage of banana leaves plate than paper plates?Explain.

A: Man-made items are described as the ones that are manufactured and processed before consumers use…

Q: why is a portion plating important.

A: Portion Plating can be defined as the process of letting the consumers know what portion of food he…

Q: Describe the value chain of New Balance company, with particular focus on the primary activities…

A: A Small Introduction about Product Management   Product management is an authoritative capacity…

Q: Which total quality management principles does Toyota use

A: One of the fundamental TQM implementation concepts that ensure an organization's success is the…

Q: Choose either a goods-manufacturing or service-providing company to answer the following…

A: The organization we have selected is Apple Inc., which is a goods-fabricating organization that…

Q: What is EI and how is it useful in the workplace?

A: Emotional intelligence can be defined as an ability to understand and manage the emotions in a…

Q: When a product satisfies a customer's demands, is it better off?

A: Demand in marketing is all about the needs that a person has for a particular thing. It describes…

Q: What is Complexity and the supply chain?

A: Manufacturing is the process of producing finished products using raw materials, machinery, and…

Q: What is a service? What are the important charaaeristics of services that make them different from…

A: Services and goods are sometimes used interchangeably but are very different in true sense. Services…

Q: Please explain the physical environmental dimensions of  servicescape. Give at least three examples…

A: Servicescape characterized as the actual climate where a help can happen. It assists with examining…

Q: What is your insight about the concept of “ Quality over Quantity”

A: For a new business, the greatest way to succeed is to provide the highest quality services and…

Q: What are the effects of the product/service life cycle?

A: The product life cycle is described as the progress of a product from its manufacturing to its end…

Q: ow many different degrees of service innovation are there?

A: The degree of innovation means the way of considering how new the innovation is . It depicts the…

Q: service from physical good in terms of its marketing mix

A: Services are definitely quite different from physical goods in terms of the marketing mix. The…

Q: When thinking about the future of supply chain management, what do you think analytics will be…

A: Introduction: Businesses can use Foresee Analytics to predict consumer demand to avoid a shortage of…

Q: What do customer expectations have to do with service quality?

A: Quality of service typically refers to the contrast of service requirements of a customer as it…

Q: What problems may there be in ensuring that "a clear brand vision and shared operational strategy"…

A: Your branding strategy should be a succinct, straightforward, and straightforward declaration of…

Q: Individualised service. You must choose one. Items with several uses Products and services tailored…

A: Title: Personalized Products and Services: Embracing Individualized ExperiencesIntroduction: In…

Q: Why is a managerial decision that needs to be made on the desired value of at least one measure of…

A: In businesses, a measure of service level is the rating given to the kind of services being…

Q: Relates to how well a product or service meets designspecii cations.

A: The ability of a product or service to meets the specifications of its design is important. The…

Q: How can we best add value to that customer's life, career or company?

A: Introduction:- Adding values to a customer's life, career or company is not only important per…

Q: Discuss what is packaged/off -the -shelf software. Explain five (5) advantages and disadvantages of…

A: When building a business, you’ll need to have various systems and software in place, for everything…

Breakeven Analysis

Break Even Analysis is a term used in business, cost accounting and economics. It refers to a point where the total cost incurred becomes equal to the total revenue earned. Break Even Analysis determines the number of units to be sold to earn the revenue required to cover the total costs. Total cost is a sum total of fixed and variable costs.

Process analysis

The term process analysis can be defined as breakdown of production process into different phases that converts inputs into output. A series of routine activities are incorporated using organizational resources with a view to achieve operational excellence.