Innovation is the modification of an existing product or process.
Give me the comparism between bcg and plc
one of the components of marketing mix is product process mix,which helps the manufactures in understanding how and why they should change their production process.
The by-product of any process, instead of being discarded, is sold at a cheaper price, often for a differend process.
Product standardization refers to is the process companies go through to limit differences in products. Product adaptation is the process by which companies adjust their products to meet customer's needs.
Explain the Matrix approach to product planning. Suggest a Marketing strategy on the basis of the product evaluation matrix.
It's matrix C.
Hadamard product for a 3 × 3 matrix A with a 3 × 3 matrix B
Metric is a measurement that can classify software or product quality and then process the quality of metrics. Matrix is a data collection mechanism, that uses collected data to derive metrics.
A matrix used to display how well different alternatives meet the list of product or process specifications or requirements.
process matrix
13
2*2
When Steve Jobs first saw the first product Matrix, he said," This looks delicious!", and he took a bite out of it.
In organizational management, a strong matrix is an organizational structure arranged around projects; a weak matrix is arranged around functional roles. For example, in a strong matrix structure, the resources might be organized to support Product A or Product B, in a weak matrix structure, the resources might be organized into Development or Manufacturing.
The introduction phrase within the product life cycle relates to the question mark group within the Boston Matrix. Star products in the Boston Matrix relate to the growth stage of the product life cycle. The maturity stage of the product life cycle relates to the cash cow group of the Boston Matrix. Dog products within the Boston Matrix are linked with the decline stage of the product life cycle.
A data matrix bar code is used on almost very product which is found in stores. The data matrix bar code is used to identify a product and find the price in a computer system.