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The socioeconomic aspect of a business plan involves looking at how much money your prospective customers are likely to make. This can affect how you price your product in the business plan.
not at all
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Innovation is severely hampered in a PLANNED ECONOMY, such as Communist State might have, because individual business owners and product developers are not given the permission to produce as they see fit.
human operators are used only to load raw steel into the plant and to remove the finished product at the end of the production line
Pampers is the name of a diaper product which is manufactured by the Procter & Gamble company. Procter & Gamble, in turn, is headquartered in Cincinnati, Ohio.
price product promotion place
the skill and equipment use to improve the quality of product is technology and innovation is also the improvement of the product quality but in this we are not using the equipment only human skills are using in the innovation
Innovation is the modification of an existing product or process.
Innovation is the introduction of new ideas, methods, or things. Their company is interested in product design and innovation. We must promote research and encourage innovation.
because if we are not succsesfull in our plan and also in market and our product image has been removed from customes and consumers mind so we should make a change in our product because of this reason product innovation is more importan for us
Implementation is the process of making the process come to life. The innovation is new ideas that come into existence.
Refers to the number of different product lines the company carries. Procter & Gamble markets 250 brands organized into many product lines.
The socioeconomic aspect of a business plan involves looking at how much money your prospective customers are likely to make. This can affect how you price your product in the business plan.
Procter and Gamble are a consumer goods company whose product range include cleaning products, toiletries and pet foods. Procter and Gamble went public in 1837.
because if we are not succsesfull in our plan and also in market and our product image has been removed from customes and consumers mind so we should make a change in our product because of this reason product innovation is more importan for us
It means that the innovation of the product is lead by "new science" being developed, i.e. new technology leads to the production of a new product, as a pose to market pull innovation, where the market has a need, and science is developed to support the need.