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What is product formulation?

Updated: 9/17/2023
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The factors that impact mission statement formulation are all the stakeholders such as customers, shareholders, employees as well as the vision of the company, the products, markets and technologies that are employed. Other factors should also be considered such as the socio-economic climate within which a company operates as well as the laws that govern that environment. Consideration must also be given to the geographic footprint of an organisation. These factors would have the most critical impact on mission statement formulation. Dayalan Pillay Unisa Hon student


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How does marketing add value to a product?

Product has 3 parts which is core product, total product and amendment product and marketers add value to total product. Core product comes from manufacturer which is nothing to do with marketing and amendment product means warranty. how do they add vale to total product? it can be packaging, advertising, designing for changing customer behavior.

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In Problem formulation method ,goal is a parameter to provide which (goal) is formulated in goal formulation method.that's why problem formulation must follow goal formulation. suacsecu


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Why problem formulation must follow goal formulation in artificial intelligence?

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