Which obstacles do manufacturers face when it comes to cost control and cost reduction?
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Which obstacles do manufacturers face when it comes to cost control and cost reduction?
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- To what extent has the use of technology influenced product and service development?What strategies can companies use to extend a product's life cycle and maximize its profitability?Document studies and analyses of rival products are two methods that may be used to uncover the demands of stakeholders. Provide some examples of each of the following three additional ways for determining what the demands of stakeholders are:
- explain how firms obtain new product and why is it an important process for companies and customers?think of a possible product that is not existing today that can be useful?What are the most essential environmental factors for product designers? Do you think environmental concerns will become more significant or less important in the future? Give an explanation for your response.