expected product is fundamentel thought in profitability , and is one of the important views in probablity.this is third level at which the marketer tries to give the product a set of attributes and conditions that buyers normally expect when they purchase this product.
The quantity of product X supplied can be expected to rise with a fall in:
Our Gross Domestic Product is expected to grow by 3 percent next year.
Consumer surplus and producer surplus are measured using the price applied. Consumer surplus is when a consumer pays a less amount than expected while producer surplus is when a product fetches more money that expected.
Re-pricing focuses on the rate revision, there is no change in existing benefit structure of the product. The rate revision is necessitated due to several reasons. Some of the reasons are as follows ü When the insurance company feels that the product is not sold as expected then the insurance company will revise the rate to sell the product. ü When the insurance company feels that the product does not give profit as expected then the insurance company will revise the rate to earn profit. ü When the insurance company feels that the product has more demand then the insurance company will revise the rate to meet the demand. ü When the insurance regulatory authority asks the insurance company to revise the premium then the insurance company will reduce the rate.
for they have been a company for long and have customers they are expected to have the best thus can not make rush decisions
The quantity of product X supplied can be expected to rise with a fall in:
You will have to realize that your product is one product that the customer uses everyday.
Expected amount of margin made on product.
Warranties
A good product that is expected to be used for more than one year would be a refrigerator. A vacuum is also on that list.
Yes. They will send you your product with no problem, that does not garuntee that the product will be all you expected from it.
Our Gross Domestic Product is expected to grow by 3 percent next year.
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The total product concept include: potential, augmented, expected and core. The concept refers to the collection of services offered by a service or product.
Open dating informs consumers about the expected life of the product so they can avoid products that may be spoiled
durable
expected product is fundamentel thought in profitability , and is one of the important views in probablity.this is third level at which the marketer tries to give the product a set of attributes and conditions that buyers normally expect when they purchase this product.