8. Exercises 1. How does filling a product line help the company retain customers? 2. Why do companies think of line extensions or product withdrawals and not go in for Product line modernisation? 3. If the company withdraws a product is it necessary for it to have another product to fill its place? If yes why and if no why not?
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- 1. Given the desire of most employees to protect themselves from high healthcarecosts, is there any way for Quality Auto Parts to continue to attract the bestemployees while containing health benefit costs? Why or why not?2. On the basis of what you know about Quality Auto Parts, which of the fourspecific proposals would you be likely to recommend? Can the company adoptsome combination of the three options? What do you recommend and why DeCarlo came away from the conference with a greater appreciation of the complexityof the problem of increasing employee health insurance costs and a greaterdetermination to do something about it. However, he wasn’t sure about his next steps.He viewed his company as a “preferred employer” because it had always paid abovethe market wage rates and its benefits were always more liberal than those of otherU.S. companies and particularly those of foreign competitors. DeCarlo did not want todo anything to jeopardize his company’s advantage in attracting…A) If you are a sales executive of Marks & Spencer shop in Muscat, What do you think will be the best option if a customer comes into your shop and is confused about what product to choose from? Ask the customer to leave the shop Just look at her while she goes around the shop Call the police on the customer Assist on product selection B) Ms.Zainab had subscribed for a new internet package from Ooredoo, but she was not happy with the speed. Which one of the following options gives Ms.Zainab the best chance to express her unhappiness? Telemarketing Team Selling Provocative Selling Personal SellingWhich costly, time-consuming studies are always needed for products requiring a Premarket Approval, AND what is the purpose of these studies?
- Assume that you are a manager in a manufacturing company. You were asked to choose and develop one of following products: i. Vacuum cleaner ii. Smart phone iii. Passenger car (a) Please state and elaborate, 5 (Five) customer characteristics and 5 (Five) technical engineering requirements based on chosen product. (b) Please develop complete House of Quality (HOQ) based on chosen product (c) Please evaluate and explain the importance findings of HOQ that you developed in Question 1(B)State your general findings that you can use in creating a product. (Shark Tank Review and Analysis)1) 3 Competitors for a face wash product 2) Competitive edge for a face wash product 3) Closing statement for a face wash product 3)
- ssessments/567273/variants/567273/take/5/ nstructional Technology Subsidy Up... DISMISS MULTIPLE CHOICE Question 3 In ASL, what is the AGENT marker? A It is a type of accommodation that Deaf people use in order to have their own agency in various activities and hobbies. В It is a particular facial expression used as a non-manual marker that indicates a way of performing an activity. C It is a sign used at the end of a word that describes a person who does that activity. It is the method of combining specific numbers with signs that de- scribe time or day. ఈరర0ర Cc All Changes Saved al Questions Answered 29°F Mostly sunny8. Exercises 1. How does filling a product line help the company retain customers? 2. Why do companies think of line extensions or product withdrawals and not go in for Product line modernisation? 3. If the company withdraws a product is it necessary for it to have another product to fill its place? If yes why and if no why not? 4. Why must a company analyse the line vulnerability? What would happen if they were not to undertake such an analysis?ExplainThe different between 1. Specifications issued by bodies responsible for standards. 2. Data books-Technical details of compositions and properties of materials. 3. Computerized databases - Rapid access. 4. News Letters issued by Trade Associations
- Best practices for determining product suitability during a typical individual life insurance sales process with a client have been developed collaboratively by industry associations. From the list below select those best practices: 1) Disclosure to client 2) Client expectations 3) Fact finding 4) Needs assessment 5) Recommendations and advice 6) Product information The best practices for product suitability are: Select one: a. 1,2,3 & 4 b. 3, 4, 5 & 6 c. They are all best practices d. 2, 4, 5 & 6If we have selected a problem and it is climate change which is affecting our environment and we are thinking about a product which is (Water conservation technologies such as drought-resistant crops and greywater systems) Answer the following questions on our product: (just one line answer is needed) What are the direct benefits to the customer? • Approximate the best you can anticipate the size of the market? • Where are customers getting the product now? • Why would they purchase from us? • Is the industry that the business falls within, large and growing? (Favourable) Are the core technologies available? (Have, develop or get) • Are there any laws or regulations against this business concept? • Are there moral or ethical issues that need to be considered? Do our skills and abilities fit the business? • What are the skills needed that we don't have? • Who would we need to hire?Products/Goods According to Use: 1. Consumer goods 2. Industrial goods - According to Differentiation: 3. Undifferentiated goods 4. Differentiated goods - According to Durability: 5. Undifferentiated goods 6. Differentiated goods - According to Durability: 7. Convenience goods - 8. Shopping goods - Specialty goods - 10. Unsought goods - 9.