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New product development objectives?
New product development objectives for a new product would include: * Schedule of release * Safety and testing guidelines * List of features * Features for future release * Upgrade path * Financial and Budgetary objectives New product development objectives for an existing product would include: * Making the product better or safer * Making the product cheaper for the end-user * Making the product easier to sell * Upgrading the product to be state-of the-art * Adding more features to the product
Product Line example?
add new items in the same product category using the same brand name.
What is an example of product modification?
An example of product modification is when a smartphone manufacturer releases a new version of its device with an upgraded camera, enhanced battery life, and improved processing speed. This modification aims to attract consumers looking for better performance and features. By making these changes, the company can differentiate its product from competitors and meet evolving customer demands.
A sentence with the words product and production in the same sentence?
Production of our new product will begin next week.
What are the problem faced in determining the demand for a durable goods illustrate with example of demand for households refrigerator or television set?
The demand for a new product. A market survey of customer need analysis of sales records of competing products. The basis for making an estimate or a prediction of a new product can be used from a comparable product
What is the process of cannization?
"Canization" is a typo for "cannibalization." Cannibalization occurs when a new product reduces sales of an existing product within the same company. This can happen if the new product is too similar or if it competes with the existing product for the same customers. Companies must carefully manage product launches to minimize cannibalization and maximize overall sales.
What does the phrase Brand mean?
The term brand nu is a Dutch term translated into brand new in English. Brand new means that a product or an item just came in, making it a very new product.
What are the main things to be careful of during the development process of a new product?
During the development process of a new product, it is important to keep the end result in mind. The main thing to be careful of is making a product that the customer does not desire.
What is the difference between process and product patent?
PROCESS PATENT: It is granted for a new process of manufacturing an already known product or for manufacturing a new product, or for manufacturing more articles of the same product that is reducing the cost of the already known product. PRODUCT PATENT: It is granted when a new product has been invented by the person. The product so invented may either be e more or less useful product than an already known product , or a new product altogether.
Which word applies to the process that returns refrigerant to new-product specifications and that requires chemical analysis?
Reclamation. Reclamation is the process of restoring used refrigerant to meet new-product specifications through chemical analysis and processing.
What does the phrase 'brand nu' mean?
The term brand nu is a Dutch term translated into brand new in English. Brand new means that a product or an item just came in, making it a very new product.
Explain the new product introduction strategy of DOCOMO mobile services?
When DOCOMO mobile services are revving up for a new product introduction, they like to do presentations on that product. This allows them to show off their product while also getting publicity for their product at the same time.
