UNDERSTANDING BUSINESS: SIMNET >IC<
12th Edition
ISBN: 9781307367065
Author: Nickels
Publisher: MCG/CREATE
expand_more
expand_more
format_list_bulleted
Question
Chapter 14.6, Problem 11TP
Summary Introduction
To determine: The two steps in commercialization.
Introduction:
Commercialization is the last step of product development process. In this step, the product is produced for commercial selling. Advertisement is done to increase or maintain the sales of the product.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
I need helping creating a Position Analysis Questionaire (PAQ) for the Training and Development Specialist position
What are 4 questions I can put on a PAQ : Information Input SECTION for a training and development specialist?
What are the thress levels of social responsibility?
Chapter 14 Solutions
UNDERSTANDING BUSINESS: SIMNET >IC<
Ch. 14.1 - Prob. 14.1AQCh. 14.2 - Prob. 14.2AQCh. 14.2 - Prob. 14.2BQCh. 14.2 - Prob. 1TPCh. 14.2 - Prob. 2TPCh. 14.2 - Prob. 3TPCh. 14.2 - Prob. 4TPCh. 14.3 - Prob. 14.3AQCh. 14.3 - Prob. 1MEDCh. 14.4 - Prob. 5TP
Ch. 14.4 - Prob. 6TPCh. 14.4 - Prob. 7TPCh. 14.4 - Prob. 8TPCh. 14.5 - Prob. 14.5AQCh. 14.6 - Prob. 9TPCh. 14.6 - Prob. 10TPCh. 14.6 - Prob. 11TPCh. 14.6 - Prob. 12TPCh. 14.7 - Prob. 14.7AQCh. 14.7 - Prob. 14.7BQCh. 14.7 - Prob. 13TPCh. 14.7 - Prob. 14TPCh. 14.7 - Prob. 15TPCh. 14 - Prob. 1CECh. 14 - Prob. 3CECh. 14 - Prob. 4CECh. 14 - Prob. 1CTCh. 14 - Prob. 2CTCh. 14 - Prob. 3CTCh. 14 - Prob. 4CTCh. 14 - Prob. 1DCSCh. 14 - Prob. 2DCSCh. 14 - Prob. 3DCSCh. 14 - Prob. 4DCSCh. 14 - Prob. 1PPTCh. 14 - Prob. 2PPTCh. 14 - Prob. 3PPTCh. 14 - Prob. 4PPTCh. 14 - Prob. 1VCCh. 14 - Prob. 2VCCh. 14 - Prob. 3VC
Knowledge Booster
Similar questions
- Discuss how the article aligns with the concept: 1. The development of Legislative Health Policy 2. The Role of research in policy developmentarrow_forwardDiscuss how the article aligns with the concept: 1. The development of Legislative Health Policy 2. The Role of research in policy developmentarrow_forwardYou are part of a team of analysts working for a Caribbean-based investment advisory firm. Your task is to evaluate current investment advice being circulated during the 2025 market downturn and contrast this advice with the Efficient Market Hypothesis (EMH). Your case study is based on the video: Best Strategy to BUY THIS DIP: 2025 Market Crash (Should you DCA or Buy the Dip Lump Sum?!) Analysis of the Video (250–300 words) Summarize the key arguments of the video (Dollar-Cost Averaging vs. Lump Sum). What assumptions does the video make about market behavior and investor actions?arrow_forward
- I'm a senior majoring in Business Management at University. Weakness: Performed all 4 years in my High School’s Talent Show - Situation: - Task: - Action: - Result:arrow_forwardWhat are InnovateTech, a medium-sized technology business, in this strategic effort andoffer a plan for introducing its innovative AI-powered healthcare platform to the North Americanmarket. My main duty as InnovateTech's Senior Marketing Manager would be to oversee thecreation and implementation of this strategic project key processes? Given your strategic initiative, what processes must be done exceptionally well for the strategic initiative to succeed? Given these key processes, what metrics should be used to monitor the execution of these processes? (Key performance indicators typically include measures of customer satisfaction, internal process quality, employee satisfaction, and financial performance.) Monitoring processes and KPIs are part of the control process to achieve goals related to quality and efficiency. Policy creation also supports achieving goals and communicating expectations. For this assignment describe the organization. Then diagram and describe the…arrow_forwardThe Value Chain, Key Performance Indicators (KPIs), and Potential Opportunities for Business Process Reengineering This week’s assignment revisits the strategic initiative proposed in the Module 2 Critical Thinking assignment. What are the organization’s key processes? Given your strategic initiative, what processes must be done exceptionally well for the strategic initiative to succeed? Given these key processes, what metrics should be used to monitor the execution of these processes? (Key performance indicators typically include measures of customer satisfaction, internal process quality, employee satisfaction, and financial performance.) Monitoring processes and KPIs are part of the control process to achieve goals related to quality and efficiency. Policy creation also supports achieving goals and communicating expectations. For this assignment describe the organization. Then diagram and describe the organization’s value chain. Given the strategic initiative, identify key…arrow_forward
- This week, we learned about three seminal research studies that assess culture’s effects on management; Project GLOBE Cultural Dimensions; Hofstede’s Value Dimensions; and Trompenaars’s Value Dimensions. For this discussion use the philipines and research Hofstede’s findings regarding the four dimensions: power distance, uncertainty avoidance, masculinity, and individualism.arrow_forwardThis week’s assignment revisits the strategic initiative proposed in the Module 2 Critical Thinking assignment. What are the organization’s key processes? Given your strategic initiative, what processes must be done exceptionally well for the strategic initiative to succeed? Given these key processes, what metrics should be used to monitor the execution of these processes? (Key performance indicators typically include measures of customer satisfaction, internal process quality, employee satisfaction, and financial performance.) Monitoring processes and KPIs are part of the control process to achieve goals related to quality and efficiency. Policy creation also supports achieving goals and communicating expectations. For this assignment describe the organization. Then diagram and describe the organization’s value chain. Given the strategic initiative, identify key performance indicators (KPIs) per critical value chain section, explain how the KPI would be measured, describe or…arrow_forwardComment on how Dell can optimise transportation and logistics systems to develop a sustainable port system that reducesarrow_forward
- Helparrow_forwardHow can diversity contribute to competitiveness and conflict at the same timearrow_forwardBusiness Process Reengineering One of the world’s most successful sports apparel companies is Nike, Inc. (Nike, n.d.). Nike re-engineered its value chain by keeping high-value knowledge-intensive activities in the US such as design and marketing and using overseas manufacturing to produce its shoes and clothing. However, instead of engaging foreign direct investment to build and operate its clothing manufacturing facilities, Nike further re-engineered its value chain by relying on third-party contractors to produce Nike products. Thus, Nike’s owned activities are streamlined allowing Nike to consistently earn high returns. Business process reengineering is a collection of processes to improve business performance by changing, dropping, or reordering the processes by which tasks are accomplished. Please conduct some research or share an example that you witnessed of either successful or unsuccessful business process reengineering. Explain why the reengineering was successful or…arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
MarketingMarketingISBN:9780357033791Author:Pride, William MPublisher:South Western Educational Publishing
Foundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
Foundations of Business - Standalone book (MindTa...MarketingISBN:9781285193946Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
Contemporary MarketingMarketingISBN:9780357033777Author:Louis E. Boone, David L. KurtzPublisher:Cengage Learning
Marketing
Marketing
ISBN:9780357033791
Author:Pride, William M
Publisher:South Western Educational Publishing
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Contemporary Marketing
Marketing
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Cengage Learning