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Briefly discuss why “optimal use of technology” is one of the four components
that render a product fit for use.
Step by step
Solved in 2 steps
- Write 2 or 3 paragraphs to teach the competency to somewho who has not taken Introduction to Business. 1. Identify the main phases of a product life cycle.Which features could we add to improve the product?Discuss the following points for the Ebay Company: Describe the product line your specific product is in. How do you think the line should grow, and why? How does this play a role within the larger firm? Could a BCG or Ansoff’s matrix style analysis provide any insights?
- There are many ways to look for ideas. We are told to read a lot, talk to people, and consider such questions as: What limitations do you think exist in current products and services? What would you like that is not available? Are there other uses for new technology? What are innovative ways to use or to provide existing products? In Australia in 1996, two entrepreneurs founded Aussie Pet Mobile Inc. to bring petbathing and grooming to busy people’s homes. It is now a top U.S. franchise business. Do you think society changing with likes and dislikes? What groups have unfulfilled needs? What about people’s perceptions? Growing demand for healthy snacks created many business opportunities in the United States, for example.One critical element for creating a business is to deliver a value. we have learned how entrepreneurs must be able to deliver value to customers through its unique and distinguish products. In this question, can you please give an example of any Asian technology-driven firms or platforms that you think have superiors value from another? Please explain their value propositions brieflyFrom a business model canvas (consist of nine building blocks) give the value proposition, customer segments and customer relationship about a recycling/sustainable clothes business app and include explanatory notes for each block (e.g. what are the characteristics of your customer, customer pains, the role partners will play, etc.)
- What product do you want to produce as a product manager? Outside of the intrinsic properties of the product, what else is involved in acustomer’s decision to choose the product? How do these augmented product elements add to or detract from theproduct? How can you influence this augmented product offering to better fit theproduct?What are some common product strategies used in the growth state for a product's life cycle? How can an organization determine when a product has entered the maturity stage of its life cycle? What are some challenges that organizations may face when trying to revive a product in the decline state of its life cycle?Critical Thinking In this chapter, we talked about thecore product, the actual product, and the augmentedproduct. Does this mean that marketetS are simply trying to make products that are really the same seem different? When marketetS undetStand these three layetS of the product and develop products with this conceptin mind, what are the benefits to consumers? What arethe hazards of thi.s type of thinking?
- compare and contrast user-experience (UX) focused design and responsive Web design (RWD) and they role in the customer experience. Explain and describe a digital value proposition and provide an example of one that can be developed for a university. Briefly list and describe 4 of the seven elements of the digital marketing mix. Why is this framework used?Discuss three (3) career interventions, with specific examples that Tarmac canimplement to prepare Chris for the position of Assistant Sales Manager- InternationalOperations.What are the seven steps in the offering development process? What are the key activities in each step? Who are lead users? How should a company evaluate new ideas? What are the criteria? How does quality function deployment work?