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affecting the economy
Generally prices rise when the is increased demand for a product (oil/petrol for example) or when there is a restriction in the supply (eg houses).
A decrease in the price of a particular product will result in higher demand. It may also result in shortages if the product cannot be produced fast enough for consumers.
total control.If someone creates a monopoly of market for a particular product, they have nearly all control over the sales and distribution of that product. This is bad for consumers, as it generally means high prices without the ability to shop around for a cheaper product or service.
Gross Domestic Product... (:
we can feel and touch the product as it is materialistic for example toothpaste coming to service it is not materialistic and we can only feel it example airtel
affecting the economy
affecting the economy
Free Samples.
Unit-level activity
Batch-level activity.
Products are the outcome of your work. Which of the following examples is NOT an example of a product of work?
The no of variants of a particular product is called product depth for example if we consider shampoo of a particular brand say head n shoulder,then the diffrent types of head n shoulder(anti dandruff,soft n silky.normal,natural,etc)is called product depth.
Market penetration strategy is percentage of sales volume for a particular product. An example of this strategy would be to increase the sales of a particular product such as a hot piece of technology like the iPhone.
repair service such as street maintenance or construction projects
the product hierarchy stretches from basic needs to particular items that satisfy those needs.We can identify 6 levels of product hierarchy 1. need family 2. product family 3. product class 4. product line 5. product type
There are many examples of a sales letter. An email that persuades you to buy a particular product is an example of a sales letter.
The term "special edition" can be used to describe a limited version of a particular product. For example, there might be a limited amount of a certain color for a product.