What products are made by the firm Okkatots?
Okkatots is a Utah Based company who make products for babies and toddlers. They offer products like diaper bags, Baby carriers as well as accessories like Soother pouches and change mats.
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Answer . Stage Gate Process, Dr. Cooper is the Guru. Use his book at a guide to new product process for any company.
One of the problems faced in the maturity stage of a product is the competition. Competitors will begin marking down prices to bridge a gap in market share creating the need to compete with price or change product perception. The maturity stage of a product usually leads to a profit loss.
firm n. 1. A commercial partnership of two or more persons, especially when unincorporated. 2. The name or designation under which a company transacts business. . 3. Any business, sole proprietorship partnership or a corporation. . Source: http://www.answers.com/firm?gwp=11&ver=188.8.131.529&method=…3 (MORE)
The firm can contact a packaging and design company such as Deal Design Group. A branding and graphic design agency with a team of problem solvers. They cane be found at http://www.dealdesigngroup.com/?gclid=CIDI-b7w7pECFRQ9IgodSTNyog
in the short-run they are not able to but in the longrun it can be attainerd as businesses want to lower their average costs!
6 What are the advantage and disadvantage of level production schedules in firms with cyclical sales?
The advantage of the level production schedule in firms withcyclical sales is resources and labor are spread evenly. Thedisadvantage of the level production schedule is that it is acostly exercise.
It may not be cost-effective enough. Never forget that it's all about profit in business so a new product idea should: 1. Appeal to a very wide range of potential customers. 2. Be relatively cheap to manufacture. 3. Be protectable (patent or otherwise).
2 Discuss the forces that are leading international firms to the globalization of their sourcing production and marketing?
There are two forces that are driving the outsourcing of goods,services, and target market demographics. The first regardsmacroeconomic industrial restructuring under globalization. Thishas involved the outsourcing from Western economies to thedeveloping and rising economies. Specifically these have… been inthe context of the BRIC (Brazil, Russia, India and China) states.The second force has been seeking decreases in labor cost, throughshifting production to these economies for export. Marketing hascorresponded to these shifts by focusing on these new and emergingmarkets. (MORE)
You know the snow that is in movies? Well, they grind up milk jugs and use the plastic for the snow!!
The general reason firm produces various product lines and at various prices is market security. The prime means doing so is market saturation per three objectives: . Market demographics This is based the various types of consumers at various tiers to the business firm some consumer based tier…s fluctuate. . Market Branding This is about creating brand security establishing it in various niche markets based of consumer demographics . Market presence This is about securing position among various market groups for continuous brand, entity continuation and developing into new emerging markets An excellent example is the auto industry the market is comprised of various consumers and various needs or tastes. So a car manufacturer will make a vehicles to fulfill the range of needs of the consumer and the price range they can manage. It will also make cars specific to special cultural needs too if the drive needs right or left hand driving wheel. Because it's distributed among various demographics it's labels the name and make are visible as secondary advertising. It's presence in various markets permits it's line continued operations per its distribution as it develops lines per the consumers changing needs. First car for a young person may need to be affordable so economy line is required - then the consumer relocates new job and seeks a familiar product but affords higher quality so again a luxury line avails. Then that same consumer starts a family so requires a larger vehicle and when that individual retires or no longer needs a family mini-van but not desires a moderate affordable vehicle and not compromise comfort may purchase a mid-sized vehicle. Again it's about securing various markets for the objective of market profitability and security. (MORE)
The general willingness of firms to produce and sell a product atvarious prices is known as supply.
There is so much products made from recycled products and these products are used for the Promotion of business products. products are;- . Mugs made from recycled plastic. . Keyring made from recycled plastic. . Lanyards made from recycled cotton. etc same as so many products are made. … http://www.ecogiftsstore.co.uk/ (MORE)
\nthe firm needs to decide one thing only: is it in its best financial interest? Of course this can be separated into long term and short term best interest. Factors which need to be considered long term: is this a marketing tool?, does it draw people in who buy other products?, Does it help or hind…er our long term image or reputation? What is the long run market for this product going to look like?\n. \nShort run factors for consideration: Is this product profitable, and if it is not is this because of the way our accountants have allocated fixed overhead to the product various product lines?, Is continuing this product the best available use of our resources? Is this product consuming a scarce resource which could be used to make other things? Are our production resources a sunk cost?\n. \nProfitablility is the most important part of the consideration and can be "played" with. That is, some product lines will look less profitable than others based on the way the accountants have chosen to allocate the overhead. Also, if most of the production materials are sunk then it makes sense to continue producing because there is little differential cost to making additional units. (MORE)
To maximize profits. ___. Premium products are often constructed out of premium materials, so the high price would be necessary to cover costs and still make extra money. Popular brand names can command abnormally high prices even if they are cheap to make simply due to their being fashionable, an…d people are willing to pay those prices. And of course, if a company has a virtual monopoly over a particular market sector, they can charge whatever the heck they want as there is little or no competition (i.e. if I started selling practical fusion power generators I could charge whatever I wanted to, as nobody else sells them). The same logic applies to services which may not involve a tangible product - for example, if you were in trouble with the law and heard that one law firm provided better results than another, you may be willing to pay extra for the improved service.. All in all, as mentioned above, it's all about making a profit. If you can charge a high price, you will charge a high price. Corporations ain't charities, y'know. (MORE)
To increase revenue. Revenue = Price x Quantity sold. So if a firm sells more products and/or sells products at a higher price, revenue will increase.
Where the technology you are using from another firm is applying that to a product that needs to be license.
Firms produce multiple products because the aim is to be a producerthat maximizes profit. Firms produce multiple products to getmaximum profit.
Governments do not produce, they consume. However they have to deal with business to acquire the resources they need to operate.
A strong government will protect a firm from being forced to sell its product at an unfairly low price. A strong government can achieve this limiting the amount of firms entering into a specific market.
The customers will get very quality product. The business can sell products for a higher price. It will help the business to overcome the competitors.
Until it reaches the point of diminishing returns. After that point, one additional unit of resources cannot be used profitably.
It is made just like regular tofu, but weights (usually wooden planks) are left over the blocks of tofu to express some of the water in it. This results into a firm or extra firm texture depending on the weight and/or the duration of the press process.
Developing new products enable companies to gain competitive advantage over other companies. New products drive sales, if we introduce a new product model is a good chance that the customers give up the old and buy new.
A demand inelastic good (as opposed to a supply inelastic good) is a good that is essential to the well-being of individuals in the market. So certain staple food, such as maize, wheat, etc. are inelastic because they are a life requirement (these would be about as close to perfectly inelastic as yo…u could get). In order for a firm to make their product inelastic they would benefit from making their product unique, or making it seem unique to the consumer, this is called 'branding' and or 'product differentiation'. The actual product doesn't have to be entirely unique, but should have a unique feature. The producer may differ themselves from the rest in some significant way (donating to charity, sponsoring events, employing locals etc.). Either make the good (or a particular unique feature of it) somewhat of a necessity for the consumer to have, or play on emotions; either way the brand loyalty among consumers will increase. There are also methods concerning 'predatory pricing' and 'exclusive dealings', however these would require the firm in question to be established as they involve eliminating substitutes for the product. (MORE)
What does it mean for a firm to have a strong production orientation how does this differ from the marketing concept?
for a firm to have a strong production means for it to produceproducts that will satisfy customers and to emphasize on the goodsand services. How does this differ from the marketing concept?
Presuming the firm is acting rationally maximising profits equates to maximising shareholder/stakeholder value. Maximising production is not always congruent with maximising profits especially where a) you are left with huge unsold inventories) or b) the marginal cost of production exceeds the margi…nal revenue from sales (MORE)
A Firm is a lawyer's office where you can go if you need a lawyer.
While it is advisable to do so, since it maintain coherency...however shuttle hint on product line while developing mission works wonder.
An air bag is an inflatable cushion designed to protect automobile occupants from serious injury in the case of a collision. The air bag is part of an inflatable restraint system, also known as an air cushion restraint system (ACRS) or an air bag supplemental restraint system (SRS), because the air …bag is designed to supplement the protection offered by seat belts. Seat belts are still needed to hold the occupant securely in place, especially in side impacts, rear impacts, and rollovers. Upon detecting a collision, air bags inflate instantly to cushion the exposed occupant with a big gas-filled pillow. (MORE)
Companies making accessories for Apple computers and other devices often try to imitate the look and feel of the products they are designed for, with brushed aluminum and glossy black surfaces.
to establish a brand name for example nike shoes have a high addedvalue. if the demand for the product of a firm suddenly soars due to someinfluencial events (example:the demand for the design of shadesworn by psy suddenly soared after his mv gangnam style becamefamous) the firm can add higher added… value and benefit when thiskind of senario is witnessed to benefit as much as possible beforethe heat turns off. higher added value gives a sense of luxury goods and people buy iteither to show off or because they like the product but either waythe sales go up. if a firm has higher added value it can pay all the expenses suchas wages, rent etc and still earn more profit(if it can add valuewithout increasing cost.) and is successful in profit satisfying. if a business can add value that is much greater than the cost ofproduction the business is said to be successful. (MORE)
That means that the product was made in European Union. There are very high standards about food production, so that everyone can be sure that this product is high quality. Or, if it is in Spanish context, Estados Unidos is the United States. EU of European Union is less likely since it does not sp…ecify a country of origin. (MORE)
Wholly depends on the customer segment that the firm is targeting. Understanding their needs is an integral part of any customization attempt.
Self interest. The firm may want all employees to exert 100% of their effort during the work day. Employees, however, may have different expectations about the required level of productivity and about how maximum productivity should be attained. Their actions can be costly to monitor. Thus, there is… a valid concern that they have different incentives or they have different expectations regarding productivity, resulting in the in a conflict of interest. (MORE)
Bonus program, Employee recognition awards, Company picnics, Extra holidays, Generous vacation/sick time, Good Health insurance.
Company will sufer for growth,lack income and fold up.product presentation will not be known by the poblic and other organisationns.bro Israel
Companies usually compete on three criteria. . Price . Quality and . Service If you don't want to compete on price, you provide a better quality product or provide better service for the buyers of the product. Competing on price only works (long term) if you can obtain the item for less than… it costs your competitors to sell it. (MORE)
They can use this information to determine how much the consumerwill buy the product for. The price must be enough to make a profitor producing the item is not worth it.
SABMiller is a multinational brewing and beverage company. It is a bottler of Coca-Cola and has beer brands that include Fosters, Miller Genuine Draft, Grolsch, and Pilsner Urquell.
One of the products that can be used to help in skin firming is a facial firming cream. Another product that can be used to help in skin firming is a cellulite skin firming product.
The firm Jeffers is a particular company that sells pet and livestock supplies for both small family and or farm. The store will also sell pet accessories such as bed and blankets for small critters.
Terracon provides a variety of services for construction firms. Terracon evaluates how the ground a project is to be built on will affect construction, helps firms comply with various environmental regulations, certifies the quality of construction materials, and ensures compliance with local build…ing codes. (MORE)
Forbes, Business Uni and the CBI websites are all good starting points from which to learn about communications in business. One might also consider the For Dummies website, and their books such as Communicating Effectively for Dummies.
If your product/service is one offered by other companies, the way to differentiate yourself is to offer unparalleled customer service. Go above and beyond for your customers, offer services that might not technically be the norm. Also offer ways for your customers to communicate with you that other… companies may not. In this age, convenience is key. Our company gives our customers the opportunity to contact us by email, phone, text, facebook, etc. Basically, whatever way is easiest for them to communicate, we will offer. (MORE)
In fact, it will be more productive due to cheaper costs ofproduction. This is the reason many industries have migrated southof the border.
Will a firm that owns its own capital equipment will have the exact same long run cost function as a firm that rents capital if both firms have the same production function?
No a firm that owns its own capital equipment will not have theexact long run cost function as a firm that rents capital even ifthey both have the same production function.
The business will become overstocked with unsellable goods. Nosales means no money coming in, yet the business still has to payout for wages, premises, creditors, and so on. The Businessbecoming insolvent would be inevitable.
It is known as 'marketing' and 'supply and demand' - which isbasically what a customer is prepared to pay.
Company gets troubled with the low benefits on products whichresults into a heavy loss with the bad reputation of company. Itmay have happen due to bad marketing strategies, employees,dealers, over expansion, or location.
TheODMGroup.com is the best firm which creates high qualitypromotional products, gifts and merchandise for global markets.provide high quality custom and personalised marketing products toour corporate clients.They visit factories to make sure yourproduct requirements are aligned with what is happen…ing on thefactory floor.So, visit today to make your brand value best infront of visitors. (MORE)