Select a product that you use. Describe the product's value and how it is sold to you to provide that value?
ANSWER:
Xiaomi smartphone is the product.
Value: The smartphones from this brand are a huge success in the market. This is because the product adds a lot of value to the customers. The company is providing a quality product at an affordable price. The smartphone has all the features that a customer can expect and it is available at a price lower than the market standards. So the customers are very happy with the value this product is adding to them.
Select a product that you use. Describe the product's value and how it is sold to...
2 - 3 Paragraph response Select a product you use frequently. Describe its current life cycle and component and material composition based on what you know and can determine from a short search for information. Then describe how this same product would be designed, used, and handled through the end of its life if the product’s designers used the ideas introduced in this chapter. Be specific about what concepts and tools you are applying to your analysis. framing sustainablilkty innovation...
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Think of a product or service that you use regularly and describe what it is. Consider if you were an entrepreneur just starting up your own business to develop and sell that product. How would you go about developing a team to help you? What kinds of people would you select to be on your team, and why? How would you meet these people and convince them to join your team? How would you motivate this team to continue to...
If a product's income elasticity of demand is -1.7, then we can conclude that Select one: ut of a. a decrease in income will lead to an increase in demand for the product. b. an increase in income will lead to an increase in demand for the product. c. the product is a luxury good. d. the product is a normal good. e, the product is certainly a necessity
Please Use In Full Detail and Explain! Select a product or service that you currently use or have used that needs an improvement to its value. Next, apply the Value Analysis technique (see the Value Analysis handout as a guideline) to synthesize finding alternatives in an innovative manner for the product/service you selected
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-Describe two products or services that you have purchased recently—one product or service that you feel represented good value for money, and one that did not. -What adjustments to the pricing strategy (or product strategy) would you recommend in relation to the product or service that failed to provide good value?
Describe how you will use the four management functions to create value in a given organization. Discuss the importance of technical skills, conceptual skills, and interpersonal skills. How could you use any of these skills to manage both the internal and external environments? Note: Your examples can be either from your personal or business world. The four important functions of managers include planning, organizing, leading and controlling. The three important skills are namely conceptual skills for strategic planning, technical skills...
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