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Q: What are the stages in multimedia production?
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Distinguish between production and operation management?

Production management is an organized function within a business that deals with planning, forecasting and production or marketing of a product at all stages of its lifestyle. Operation management is concerned with overseeing, designing and controlling production and business operations during the production of goods or services.


How multimedia used in the fields of advertising?

Multimedia (television and film, for example) targets multiple senses in consumers to deliver a message.


5 stages of evolution to global marketing?

The five stages of evolution to global marketing are the simple trade era, the production era, the sales era, the marketing department era, and the marketing company era. There are a couple additional era that has been identified since which are the relationship marketing era, which encompasses the time between the 1990s-2010, and now the social/mobile era that is currently active.


What is the ' work in stages ' strategy?

It is a strategy that is worked out in stages for example BODMAS or BIDMAS


How does a product life cycle effect the production?

As there are many stages of a product life cycle the production varies greatly. During the introduction stage production is low as the demand for the product is low and the producer does not want to be left with surplus as demand might alter. In growth the production rapidly increases as more is being demanded. the laws of demand cause supply to increase in order for the producer to maximize profits. In the Maturity stage the production levels off and does not increase much as the demand has reached its peak and no more is being demanded. This is due to the product becoming obsolete or unfashionable. In the Decline stage, the production decreases as less is being demanded therefore the producer will make less of the product as they do not want to be left with surplus as demand is now negative.

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