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A product policy is a set of rules on how a product or service is promoted to consumers. A product policy would generally contain information about the product and how it would benefit the target audience.
Some government regulations over the industry are eliminated.
Some government regulations over the industry are eliminated
The marginal benefit to the firm
The government paid farmers to destroy surplus as a way to help eliminate crop and product surpluses. This occurred during the New Deal.
The benefit is that in case the product does not work or breaks down, it can be replaced by the company.
The specific need or benefit my product or service can address to my costumer are satisfaction and contentment.
Functional and Psychological
No. It is illegal to INFRINGE on a copyright. A copy right applies to intellectual or artistic property or ideas . You must apply for , get granted , and get a copyright from the government, just like a patent for an invention or a product .
Product-benefit segmentation is based on the perceived value or advantage consumers receive from a good or service over alternatives
You'll get a repair or replacement if the product is damaged or defective
PROCESS PATENT: It is granted for a new process of manufacturing an already known product or for manufacturing a new product, or for manufacturing more articles of the same product that is reducing the cost of the already known product. PRODUCT PATENT: It is granted when a new product has been invented by the person. The product so invented may either be e more or less useful product than an already known product , or a new product altogether.
to provide a benefit to satisfied the consumer
yes
Of course they do.. They are selling their product at a discount.
A product policy is a set of rules on how a product or service is promoted to consumers. A product policy would generally contain information about the product and how it would benefit the target audience.
With the help of cost-benefit analysis, an organization can decide what product will sell the most. This will also influence the advertising method used to promote a certain product.