The factors that cause organizations to redesign their products or services. Introduction: Product or service redesign: A product or service redesign is changing the features of the product or a service according to the latest developments in various fields. It will enable the firm to stay in competition with the current trend.

Question

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Answer 1

Question

Chapter 4, Problem 1DRQ

Summary Introduction

To identify: The factors that cause organizations to redesign their products or services.

Introduction:

Product or service redesign:

A product or service redesign is changing the features of the product or a service according to the latest developments in various fields. It will enable the firm to stay in competition with the current trend.

Expert Solution & Answer

Explanation of Solution

The factors that cause organizations to redesign their products or services are as follows:

Customer dissatisfaction.
Changes in the regulations by the government.
Increased competition in the market.
Technological innovations which might be in the form of new raw materials or new methods and techniques.
Changes in the cost and readiness of important resources such as materials, labor required and different energy.
Change in customer expectations.
A product reaching a maturity stage.

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Answer 2

Question

Chapter 4, Problem 1DRQ

Summary Introduction

To identify: The factors that cause organizations to redesign their products or services.

Introduction:

Product or service redesign:

A product or service redesign is changing the features of the product or a service according to the latest developments in various fields. It will enable the firm to stay in competition with the current trend.

Expert Solution & Answer

Explanation of Solution

The factors that cause organizations to redesign their products or services are as follows:

Customer dissatisfaction.
Changes in the regulations by the government.
Increased competition in the market.
Technological innovations which might be in the form of new raw materials or new methods and techniques.
Changes in the cost and readiness of important resources such as materials, labor required and different energy.
Change in customer expectations.
A product reaching a maturity stage.

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Answer 3

Question

Chapter 4, Problem 1DRQ

Summary Introduction

To identify: The factors that cause organizations to redesign their products or services.

Introduction:

Product or service redesign:

A product or service redesign is changing the features of the product or a service according to the latest developments in various fields. It will enable the firm to stay in competition with the current trend.

Expert Solution & Answer

Explanation of Solution

The factors that cause organizations to redesign their products or services are as follows:

Customer dissatisfaction.
Changes in the regulations by the government.
Increased competition in the market.
Technological innovations which might be in the form of new raw materials or new methods and techniques.
Changes in the cost and readiness of important resources such as materials, labor required and different energy.
Change in customer expectations.
A product reaching a maturity stage.

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Answer 4

Question

Chapter 4, Problem 1DRQ

Summary Introduction

To identify: The factors that cause organizations to redesign their products or services.

Introduction:

Product or service redesign:

A product or service redesign is changing the features of the product or a service according to the latest developments in various fields. It will enable the firm to stay in competition with the current trend.

Expert Solution & Answer

Explanation of Solution

The factors that cause organizations to redesign their products or services are as follows:

Customer dissatisfaction.
Changes in the regulations by the government.
Increased competition in the market.
Technological innovations which might be in the form of new raw materials or new methods and techniques.
Changes in the cost and readiness of important resources such as materials, labor required and different energy.
Change in customer expectations.
A product reaching a maturity stage.

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Answer 5

Chapter 4, Problem 1DRQ

Summary Introduction

To identify: The factors that cause organizations to redesign their products or services.

Introduction:

Product or service redesign:

A product or service redesign is changing the features of the product or a service according to the latest developments in various fields. It will enable the firm to stay in competition with the current trend.

Expert Solution & Answer

Explanation of Solution

The factors that cause organizations to redesign their products or services are as follows:

Customer dissatisfaction.
Changes in the regulations by the government.
Increased competition in the market.
Technological innovations which might be in the form of new raw materials or new methods and techniques.
Changes in the cost and readiness of important resources such as materials, labor required and different energy.
Change in customer expectations.
A product reaching a maturity stage.

Answer 6

Chapter 4, Problem 1DRQ

Summary Introduction

To identify: The factors that cause organizations to redesign their products or services.

Introduction:

Product or service redesign:

A product or service redesign is changing the features of the product or a service according to the latest developments in various fields. It will enable the firm to stay in competition with the current trend.

Expert Solution & Answer

Explanation of Solution

The factors that cause organizations to redesign their products or services are as follows:

Customer dissatisfaction.
Changes in the regulations by the government.
Increased competition in the market.
Technological innovations which might be in the form of new raw materials or new methods and techniques.
Changes in the cost and readiness of important resources such as materials, labor required and different energy.
Change in customer expectations.
A product reaching a maturity stage.

Answer 7

Chapter 4, Problem 1DRQ

Summary Introduction

To identify: The factors that cause organizations to redesign their products or services.

Introduction:

Product or service redesign:

A product or service redesign is changing the features of the product or a service according to the latest developments in various fields. It will enable the firm to stay in competition with the current trend.

Answer 8

Expert Solution & Answer

Explanation of Solution

The factors that cause organizations to redesign their products or services are as follows:

Customer dissatisfaction.
Changes in the regulations by the government.
Increased competition in the market.
Technological innovations which might be in the form of new raw materials or new methods and techniques.
Changes in the cost and readiness of important resources such as materials, labor required and different energy.
Change in customer expectations.
A product reaching a maturity stage.