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Different Types of promotions?
>stage of the product life cycle >nature of the product >advertising budget >nature of the target market
Differences between product market and generic market?
The generic product-market includes a broad group of products that satisfy a general, yet similar, need. The starting point in determining product-market boundaries is to identify the particular need or want that a group of products satisfy. Since people with a similar need may not satisfy the need in the same manner, generic product-markets are often heterogeneous, containing different end-user groups and several types of related products.The product-type product-market includes all brands of a particular product type. The product type is a product category or product classification that offers a specific set of benefits intended to satisfy a customer's need or want in a specific way. Differences in the products within a product-type product-market may exist, creating product-variants.
What is a market pull product?
A market pull product is basically a product the serves a purpose for other products.
As long as a manufacturer does not try to control the market for a product it is okay for the manufacturer to design market and sell a product?
Yes. As long as a manufacturer does not try to control the market for a product it is okay for the manufacturer to design market and sell a product.
What is differentiated market?
where there is one specific product in the market. It includes only one product
Different Types of promotions?
>stage of the product life cycle >nature of the product >advertising budget >nature of the target market
What are two types of payments in the free market circular flow model?
Resource and product markets.
What is an example of a product market?
A product market refers to the businesses and customers that are affected by a product. A product market can be regional or national.
What is an example of a product?
A product market refers to the businesses and customers that are affected by a product. A product market can be regional or national.
Differences between product market and generic market?
The generic product-market includes a broad group of products that satisfy a general, yet similar, need. The starting point in determining product-market boundaries is to identify the particular need or want that a group of products satisfy. Since people with a similar need may not satisfy the need in the same manner, generic product-markets are often heterogeneous, containing different end-user groups and several types of related products.The product-type product-market includes all brands of a particular product type. The product type is a product category or product classification that offers a specific set of benefits intended to satisfy a customer's need or want in a specific way. Differences in the products within a product-type product-market may exist, creating product-variants.
What is a market pull product?
A market pull product is basically a product the serves a purpose for other products.
How would you introduce a product?
First you have to advertise about the product in the market what you have, then you can release it in the market
What is the difference between factor and product market?
The difference between a factor market and a product market is that a factor market is a market where productive resources are bought and sold, while a product market is a market where products offer goods and services for sale.I copied this out of my econ book =)
As long as a manufacturer does not try to control the market for a product it is okay for the manufacturer to design market and sell a product.?
Yes. As long as a manufacturer does not try to control the market for a product it is okay for the manufacturer to design market and sell a product.
When a product is in demand what happens to the demand curve?
the market demand for the product. undefined. more inelastic than the market demand for the product. more elastic than the market demand for the product
As long as a manufacturer does not try to control the market for a product it is okay for the manufacturer to design market and sell a product?
Yes. As long as a manufacturer does not try to control the market for a product it is okay for the manufacturer to design market and sell a product.
What is an example of product market?
A product market is where finished goods and services are sold to consumers. The product market can be found at supermarkets, grocery stores, and online marketplaces
