Economics Today and Tomorrow, Student Edition
1st Edition
ISBN: 9780078747663
Author: McGraw-Hill
Publisher: Glencoe/McGraw-Hill School Pub Co
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Question
Chapter 11, Problem 19AA
To determine
To state: The best method for marketing a product.
Expert Solution & Answer
Answer to Problem 19AA
We have taken cell phone as our product to analyze the requirements of the young users in the market.
Explanation of Solution
- We have taken cell phone as our product targeted at young users.
- The questionnaire might include:
What camera quality do they prefer?
Storage required?
Battery life?
Should the model support high-end gaming?
Any other specific feature they must be looking for?
- We have targeted the young users in a particular region in clubs and cafes also.
- After analyzing the research, it can be said that the camera and gaming support was preferred by the majority of the youngsters. On the basis of it, the product should be designed accordingly and should be highly advertised to showcase the featured added as per the consumer requirements.
Economics Concept Introduction
Introduction: Research market survey helps in anticipating the market change before the manufacturer start the process.
Chapter 11 Solutions
Economics Today and Tomorrow, Student Edition
Ch. 11.1 - Prob. 1RCh. 11.1 - Prob. 2RCh. 11.1 - Prob. 3RCh. 11.1 - Prob. 4RCh. 11.1 - Prob. 5RCh. 11.1 - Prob. 6RCh. 11.2 - Prob. 1RCh. 11.2 - Prob. 2RCh. 11.2 - Prob. 3RCh. 11.2 - Prob. 4R
Ch. 11.2 - Prob. 5RCh. 11.3 - Prob. 1RCh. 11.3 - Prob. 2RCh. 11.3 - Prob. 3RCh. 11.3 - Prob. 4RCh. 11 - Prob. 1AACh. 11 - Prob. 2AACh. 11 - Prob. 3AACh. 11 - Prob. 4AACh. 11 - Prob. 5AACh. 11 - Prob. 6AACh. 11 - Prob. 7AACh. 11 - Prob. 8AACh. 11 - Prob. 9AACh. 11 - Prob. 10AACh. 11 - Prob. 11AACh. 11 - Prob. 12AACh. 11 - Prob. 13AACh. 11 - Prob. 14AACh. 11 - Prob. 15AACh. 11 - Prob. 16AACh. 11 - Prob. 17AACh. 11 - Prob. 18AACh. 11 - Prob. 19AACh. 11 - Prob. 20AACh. 11 - Prob. 21AACh. 11 - Prob. 22AACh. 11 - Prob. 23AA
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