Why is product - mix important to an organisation ?

Q: How can companies use the brand value chain to differentiate their brand from competitors?

A: Concept Introduction :- Brand value chain is a concept used to evaluate the value of a particular…

Q: Should we study how firms use IT?

A: Utilisation of information technology (IT) has evolved into an integral part of contemporary…

Q: How does a product manager effectively manage a product's life cycle, and what does "creating a new…

A: Product life cycle can be explained as a lifecycle through which the product passes from…

Q: In terms of customer support, organisations may have three levels of involvement. What are these…

A: Customer service entails a set of related tasks that allow customers to be satisfied. It includes…

Q: What techniques do we use to define a product?

A: Marketing mix is a combination of elements which helps in achieving the marketing objectives of the…

Q: In what ways is knowledge of industry life cycles helpful to the strategic management of…

A: Strategic Management- It is the company's management resources to accomplish the goals and…

Q: why do firms exists?

A: Business is any activity which is carried out to earn profit and maximize the wealth of the…

Q: l

A: Quantity is an amount of data that can exists as a magnitude, which shows the illustration like…

Q: How do you define manufacturing decision patterns?

A: Manufacturing decision patterns refer to the systematic and repeatable methods, techniques and…

Q: Define the term OEMs? What does it include?

A: To sell to VARs, OEMs create subassembly parts. Although some OEMs produce finished goods for a VAR…

Q: How can firms organise their product development processes?

A: In most circumstances, a company organizes the product development process with the help of the…

Q: Explain the term differentiation?

A: Many businesses agree to change over time and use different strategies to identify themselves in the…

Q: How will the organization differentiate its products and/or services from competitors’?

A: Companies must differentiate their products or services to get a competitive edge in the market.…

Q: What Are Manufacturing Decision Patterns and How Can They Be Described?

A: Manufacturing decision in production include planning, organizing, staffing, directing and…