Products and services based on the Internet of Things may benefit both vertical and horizontal sectors. When these methods can be used across several sectors, we have achieved an industry-wide approach. Each individual and the Internet of Everything will gain from this. Check out the illustrations provided. Mark two as horizontal market solutions and two as vertical market solutions. Justify. Automatically adjusts the temperature of a space depending on the time of day, the number of people in it, and other factors When swallowed, these microchips send signals to a medical professional.
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Products and services based on the Internet of Things may benefit both vertical and horizontal sectors. When these methods can be used across several sectors, we have achieved an industry-wide approach. Each individual and the Internet of Everything will gain from this.
Check out the illustrations provided. Mark two as horizontal market solutions and two as vertical market solutions. Justify.
Automatically adjusts the temperature of a space depending on the time of day, the number of people in it, and other factors
When swallowed, these microchips send signals to a medical professional.
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- Solutions built on the Internet of Things may benefit both vertical and horizontal sectors. When these methods are applicable across different sectors, we have successfully implemented an industry-wide strategy. It's a win-win for humanity and the Internet of Things.Check out the illustrations provided. Choose two and classify them as horizontal or vertical market approaches. Justify.Climate control that adapts to the room's occupancy and outside temperatureMicrochips like this can be swallowed and then send signals to a doctor.Instructions: Read first the file on the link below before answering the questions. Gdrive Link: https://drive.google.com/drive/folders/1--uHO2wsXfzqIp3NKgcgOmJsTKFI4vb4?usp=sharing Questions: A. To continue your Marketing Plan, prepare the following: PLACE / CHANNEL OF DISTRIBUTION - Explain where the production shall be conducted and how it will be distributed or sold. - Prepare a flow chart to show the producer to the end user or consumer /customer and explain. PROMOTION - Prepare a table showing the columns - ITEMS (or promotion tools), QUANTITY, COST and TOTAL COST . - Explain the promotion tools to market your business.Consider the below Case study to solve the following questions Sugar Plum Sweets is a small scale bakery business run by a family of experienced confectioners. Sugar Plum Sweets is making a quite conventional range of limited sweets for the last 20 years. In this modern era, this venture requires some disruption and novelty in its products. Requirements: What are some of the more frequently used sources of new ideas for entrepreneurs? How existing companies (competitors) can help Sugar Plum Sweets to hunt new business ideas? Consider you are in the Sugar Plum sweets Management, use appropriate source of idea to improve the business of this sweet shop.
- What is the difference between a system-solution approach in marketing, as opposed to a hardware-solution approach?Tech Products Inc. is one of the world's leading technology companies known for its innovative products, including the TechPhone, TechPad, Tech computers, and software services. At present, Tech Products Inc. is now facing significant challenges in an evolving industry landscape due to increasing competition and the introduction of similar products on both the local, regional and global markets. The company is aware that internal and external drivers play a crucial role in shaping the strategic direction and overall performance of an organization, and that to remain relevant they must be able to understand and respond to these drivers in an effective manner. To assist them in formulating a comprehensive strategy that can help the company navigate the complex business environment it faces, Tech Products Inc. has hired you as a Strategic Management Consultant. Further to an initial meeting with Management, it was ascertained that Tech Products Inc. has not been keeping abreast with…Tech Products Inc. is one of the world's leading technology companies known for its innovative products, including the TechPhone, TechPad, Tech computers, and software services. At present, Tech Products Inc. is now facing significant challenges in an evolving industry landscape due to increasing competition and the introduction of similar products on both the local, regional and global markets. The company is aware that internal and external drivers play a crucial role in shaping the strategic direction and overall performance of an organization, and that to remain relevant they must be able to understand and respond to these drivers in an effective manner. To assist them in formulating a comprehensive strategy that can help the company navigate the complex business environment it faces, Tech Products Inc. has hired you as a Strategic Management Consultant. Further to an initial meeting with Management, it was ascertained that Tech Products Inc. has not been keeping abreast with the…
- Tech Products Inc. is one of the world's leading technology companies known for its innovative products, including the TechPhone, TechPad, Tech computers, and software services. At present, Tech Products Inc. is now facing significant challenges in an evolving industry landscape due to increasing competition and the introduction of similar products on both the local, regional and global markets. The company is aware that internal and external drivers play a crucial role in shaping the strategic direction and overall performance of an organization, and that to remain relevant they must be able to understand and respond to these drivers in an effective manner. To assist them in formulating a comprehensive strategy that can help the company navigate the complex business environment it faces, Tech Products Inc. has hired you as a Strategic Management Consultant. Further to an initial meeting with Management, it was ascertained that Tech Products Inc. has not been keeping abreast with the…Tech Products Inc. is one of the world's leading technology companies known for its innovative products, including the TechPhone, TechPad, Tech computers, and software services. At present, Tech Products Inc. is now facing significant challenges in an evolving industry landscape due to increasing competition and the introduction of similar products on both the local, regional and global markets. The company is aware that internal and external drivers play a crucial role in shaping the strategic direction and overall performance of an organization, and that to remain relevant they must be able to understand and respond to these drivers in an effective manner. To assist them in formulating a comprehensive strategy that can help the company navigate the complex business environment it faces, Tech Products Inc. has hired you as a Strategic Management Consultant. Further to an initial meeting with Management, it was ascertained that Tech Products Inc. has not been keeping abreast with the…Tech Products Inc. is one of the world's leading technology companies known for its innovative products, including the TechPhone, TechPad, Tech computers, and software services. At present, Tech Products Inc. is now facing significant challenges in an evolving industry landscape due to increasing competition and the introduction of similar products on both the local, regional and global markets. The company is aware that internal and external drivers play a crucial role in shaping the strategic direction and overall performance of an organization, and that to remain relevant they must be able to understand and respond to these drivers in an effective manner. To assist them in formulating a comprehensive strategy that can help the company navigate the complex business environment it faces, Tech Products Inc. has hired you as a Strategic Management Consultant. Further to an initial meeting with Management, it was ascertained that Tech Products Inc. has not been keeping abreast with the…
- Tech Products Inc. is one of the world's leading technology companies known for its innovative products, including the TechPhone, TechPad, Tech computers, and software services. At present, Tech Products Inc. is now facing significant challenges in an evolving industry landscape due to increasing competition and the introduction of similar products on both the local, regional and global markets. The company is aware that internal and external drivers play a crucial role in shaping the strategic direction and overall performance of an organization, and that to remain relevant they must be able to understand and respond to these drivers in an effective manner. To assist them in formulating a comprehensive strategy that can help the company navigate the complex business environment it faces, Tech Products Inc. has hired you as a Strategic Management Consultant. Further to an initial meeting with Management, it was ascertained that Tech Products Inc. has not been keeping abreast with the…Tech Products Inc. is one of the world's leading technology companies known for its innovative products, including the TechPhone, TechPad, Tech computers, and software services. At present, Tech Products Inc. is now facing significant challenges in an evolving industry landscape due to increasing competition and the introduction of similar products on both the local, regional and global markets. The company is aware that internal and external drivers play a crucial role in shaping the strategic direction and overall performance of an organization, and that to remain relevant they must be able to understand and respond to these drivers in an effective manner. To assist them in formulating a comprehensive strategy that can help the company navigate the complex business environment it faces, Tech Products Inc. has hired you as a Strategic Management Consultant. Further to an initial meeting with Management, it was ascertained that Tech Products Inc. has not been keeping abreast with the…Tech Products Inc. is one of the world's leading technology companies known for its innovative products, including the TechPhone, TechPad, Tech computers, and software services. At present, Tech Products Inc. is now facing significant challenges in an evolving industry landscape due to increasing competition and the introduction of similar products on both the local, regional and global markets. The company is aware that internal and external drivers play a crucial role in shaping the strategic direction and overall performance of an organization, and that to remain relevant they must be able to understand and respond to these drivers in an effective manner. To assist them in formulating a comprehensive strategy that can help the company navigate the complex business environment it faces, Tech Products Inc. has hired you as a Strategic Management Consultant.Further to an initial meeting with Management, it was ascertained that Tech Products Inc. has notbeen keeping abreast with the…
