The advantages of the product life cycle concept is that it provides a basic structure that allows you to see where you are, and what lies ahead.
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Advantages: None Disadvantages: A few
advantages: you get the product you want you can get the product at a sale price you can pay off the product by depositing small amounts until you have paid off the total amount no interest fees apply Disadvantages: you may not be able to pay off the product you have put on lay-by
If you don't pay off a product in a limited time you lose the deposit on the product and you might also lose some money depending on the company you are at.
In target costing the costs is determined by finding out how much the customers are willing to pay for the service or product. The selling price is adjusted for the profit which determines the cost at which the product or service should be produced. When the target cost is less that the actual costs then decisions needs to be made to reduce the costs. For example the remove non value adding features to the product or service. Kaizen costing involves the continuous addition of small costs to the product or service until it meets its desired level for the customer. Target costing can said to be retrospective costing whilst kaizen is prospective costing.
One advantage to having an outside supplier is the fact that it is usually cheaper than producing the product. A disadvantage to having an outside supplier is the fact that sometimes they may not deliver the product as stated.
Advantages: None Disadvantages: A few
advantages and disadvantages of delphi method of group technique
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Advantages of product differentiation include creating a unique selling proposition, building brand loyalty, and allowing for higher pricing potential. However, it can also increase production costs, make it challenging to meet changing consumer preferences, and intensify competition in the market.
needs of product costing system
Its advantage is that it is a great product, and disadvantage is that it is a fertilizer.
advantages: you get the product you want you can get the product at a sale price you can pay off the product by depositing small amounts until you have paid off the total amount no interest fees apply Disadvantages: you may not be able to pay off the product you have put on lay-by
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Disadvantages are that advertising will be more expensive as each product has its own brand and product may not start of that well as it's brand has never been heard of
children will get easily influenced by the advertisement & will disturb their parents for the product
It is a fast machine and will make more of the product in less time.
There are many advantages and disadvantages of Coca Cola company's strategies in Brazil. One advantage is that Coca Cola is selling their product well.