0
What term term refers to the time it takes to turn a new idea into a product that satisfies consumer demand?
Wiki User
∙ 13y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is mean chemical oxygen demand-?
The mean oxygen demand is the test done to indirectly determine the amount of organic compounds present in a water sample.
What does the word 'synergize' means?
The term 'synergize' refers to the interaction of multiple elements in a system to product an effect that would be greater than the individual effects of the elements.
How would you define advertising frequency?
Advertising frequency refers to the number of times an advertisement is repeated during a given period to promote a product's name, message, and other important information.
What is the enzyam activity?
The enzyme activity depends on the conditions of the reaction and the enzmye used. The term enzyme activity refers to the rate at which substrate is converted into product and can be measured in many different ways.
Are Exons Cut After Transcription In Eukaryotes?
No. The Ex in Exon refers to Expression.Introns are nucleotide sequences within genes that are removed by RNA splicing to generate the final mature RNA product of a gene.
Differences between Demand and quantity demand?
Demand refers to the entire relationship between the prices and the quality of the product. Quality demand refers to one particular point on the demand curve.
What is stagnant demand?
Stagnant demand refers to a situation where the level of consumer demand remains low or constant over a period of time, without showing signs of growth. This can be a result of various factors such as economic downturns, saturation of markets, or changes in consumer preferences. Stagnant demand can have negative implications for businesses as it can lead to lower sales and revenue.
What is the demand expansion?
Demand Expansion refers to the situation where, the demand for a particular product is increasing across geographical boundaries.
What is a demand curve and how it is different from demand function?
The demand curve demonstrates what happens when a product is demanded by customers. A demand function refers to an event that can affect the demand curve.
What is indirect demand?
Indirect demand refers to the demand for goods or services that arises from the demand for another good or service. This can occur when one product is necessary for using another product, causing a ripple effect in the demand chain. For example, the demand for automobile tires is indirectly driven by the demand for automobiles.
What does the term demand refer to in economics?
The term demand in economics refers to the total amount of demand at all possible prices. Demand's definition is how much the consumers want a product.
What is consumer right?
Consumers right refers to a consumer rights safety, to choose and to provide manufacturers. With information concerning their product when they make purchases.
Products is a bundle of satisfaction that a customer expects?
a product refers to any good or service that satisfies a need. there are three components of a product. the core product, the actual product and the augmented product. a product is a bundle of satisfaction because all these three aspects of a product provide a significant level of satisfaction without which the customer will be demotivated to purchase
What is the difference between in demand and on demand?
In demand is a phrase that suggests economic scarcity; that is, a good or service in demand is currently desired by a relatively large number of consumers who are both willing and able to purchase the good or service.On demand is a completely different term; it refers to a good or service that can be provided or carried out as soon as it has been ordered by a consumer. For example, on demand television is instantly accessible to a consumer if they have paid their subscription fee.
What is the difference elastic and inelastic demand?
Difference is that inelastic demand people need to have that item no matter what the cost. An example would be insulin for diabetic people. Elastic demand is when someone doesn't need to buy a product if the price changes. Example is ramen noodles. If they cost $100 per packet people wouldn't buy them.
The law supply and demand and give an example of how it relates to the environment?
Demand refers to how much of a product or service is desired by buyers, and supply represents how much the market can offer. ChaCha 24/7!
Law of supply and demand Give an example of how it relates to the environment?
Demand refers to how much of a product or service is desired by buyers, and supply represents how much the market can offer. ChaCha 24/7!
