Job.
non market activities are the production for self- consumption and processing of primary product and own account production of fixed assets :)
old marketing concept started after production and ended as soon as the product was delivered to the customer. It confined to trading activities only i.e. buying and selling. earlier the marketer focused on quality of product and assumed that if the product was of good quality it will definitely be sold. whereras modern marketing concept starts prior to production process and continues even after product's delivery. it includes various activities like market analysys, after sales services etc. it aims at providing total satisfaction to consumers.
there is the the need to market your product after production in other to create the necessary awareness of the product now on the market and to keep inform both new and existing customers of the product.
No, they are not. Product marketing is the sales of a product. Product management includes marketing, production, manufacturing, distribution and sales.
Marketing is a social and managerial process by which individuals and groups marketing related activities is the interconnecting activities from product to consumer
non market activities are the production for self- consumption and processing of primary product and own account production of fixed assets :)
the production for self consumption Economics activities have parts.
Because when one produces one product, the opportunity cost of the other product increases i.e. the concave represents the increasing opportunity cost with the production of a good.
GDP measures the production of a country within its geographical borders, while GNP represents the citizens and corporations.
it means that all the activities which are associated with production procces to produce qallty product or service
If the business is of manufacturing based, then production is the key factor circling which the other activities rotate. Keeping the production cost most competitive vis a vis maintaining quality of the product during production stage are of paramount important in the said business.
Because when one produces one product, the opportunity cost of the other product increases. The concave represents the increasing opportunity cost with the production of a good.
Operations managemeent is to direct, plan, and coordinate different activities of manaufacturing or service operations. As Production management involve planning, organizing,directing and coordinating various activities to produce final product or service; it is called operations management as well.
'Demand' referring to the product of a Supply vs. Demand chart shows the general consumer interest in a product depending on its price. Where the X-axis represents general price and the Y-axis represents general consumer interest. As the price of a product goes up, the interest of the purchasing public in that product will decrease.Similarly, as the price for a product increases, producers will increase their production of that product so as to maximize profit. This is reflected by the 'Supply' line. The point where the two meet is known as the equilibrium point, and represents the maximally efficient point of production to satisfy both consumers and producers without producing either a surplus (greater supply than demand) or a shortage (greater demand than supply) of the product in question.
Well, the quality assurance dept. for any production company involves in verification and validation of the product throughout the product life cycle (Requirement Analysis to Release of the product). They perform inspections and validations of the product at every phase and they are responsible for the successful roll-out of the product.
to make a profit for a business. as production makes the product and sales ( the answer is in the name) · Production first makes the product · Production then gives the product over to distribution · Distribution then sends the product over to sales · Sales then proceed to sell the product
It depends, you can choose to buy the product customized as you have chosen, or you can choose to send them your own (US ONLY) and they will customize it for you.