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A brief explanation of the unfulfilled need that your new venture seeks to satisfy and a brief description of the product/service concept
Step by step
Solved in 2 steps
- Create a prototype of a product or service that you want to market for future business. Product/service description should be included. Use the space provided below PRODUCT/ SERVICE NAME: PRODUCT/ SERVICE DESCRIPTION:Choose a product or service and identify features of the three levels: Core product/service, Actual product/service and Augmented product / service. Explain BrieflyIdentify all the factors on how to screen the proposed solution,viability, and customer requirements? Prepare a simple plan on how to screen the proposed solution,viability, and customer requirements.
- Think of a new product or revise/innovate a product or service that you would like to see on the market. Discuss the implications of producing the product/service. Relative to Legal, ethical, environmental, profitability, competitive, design & production Issues (Brief description only)Innovation comes from identifying customer's need and providing solutions that meet those needs. Give any example of a products/service that needs innovation that will provide a solution to a customers want and needsIntangibility and Perishability Intangibility How do hospitality firms deal with intangibility of the service they provide (tangibilize the intangible)? Give specific examples of hospitality firms in your community and/or based on your experience. Perishability Wendy’s serves its hamburgers “fresh off the grill.” This assures high quality but creates leftover burgers if the staff overestimates the demand. Wendy’s solves this problem by using the meat in chili, tacos, and spaghetti sauce. Relate how airlines solve the perishability of unsold seats? Give additional examples of perishability and how hotels or restaurants in your community address it?
- Adapt the three categories of service strategy: overall cost leadership, differentiation, and focus… in the following topic: on-campus recycling center where students assist campus community to recycle waste and used stuff and also conduct programs to increase awareness about sustainability. Please define each strategy and how they adapt to each strategy. Note: write it on your own words..0% plagiarism.. write as much as you can..up to 700 words and it’s okay to add extra information beside the strategies and thanks.Finally, what strategies will you adopt at different stages of your product/service life cycle and how will you build a strong customer relationship to gain a high market share?Please explain the physical environmental dimensions of servicescape. Give at least three examples Please explain the physical environmental dimensions of servicescape. Give at least three examples Target corporation?
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