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What are the relationship between diffusion process and product life cycle?
The diffusion process refers to how new products or innovations spread through a population over time, while the product life cycle describes the stages a product goes through from introduction to decline. The two concepts are interconnected, as the rate of diffusion can influence the product's success in each stage of its life cycle. For instance, rapid diffusion can lead to quicker adoption, potentially extending the growth phase of the product life cycle, while slow diffusion may result in early decline. Understanding both concepts allows companies to strategize effectively for marketing and product management.
What are the factors affecting product design?
The factors that determine or affect a product design are as follows:Requirements of targeted customers.Availability and access to necessary production facilities.Type and quality of raw-materials used to produce a product.Cost to price ratio.Policy of quality standards.Availability of plant and machineries.Impact of upcoming product on existing products of the company.Reputation or goodwill of the company.
What are the factors affecting product life cycle?
Factors that affects the life cycle of a product depends on the product in question. A car tire as an example of a product has its lice spam and this is determined through the pattern of its life cycle. Factors that affects the life cycle of a car tire basically are four, and they are- Pattern of the thread on the tire, depth of the thread on the tire, nature of the road on which the car is been driven on, and the style of driving the car. these are the chief factors responsible for your tires long or short life and they affect the product life cycle.
What is the internal factors affecting pricing decision?
It will depend upon how much time your employees spent on making the item. It can also depend upon how much money you spent on the quality of the items to make your product.
What is the modification of an existing product or process?
Innovation is the modification of an existing product or process.
What are the factors that shorten the product life cycle?
factors affecting product life cycle
What are the factors affecting food industry?
factors increasing production of a product in industries
What is the meaning of special product?
Special product is the process of combining factors to form products.
Factors affecting sales of industrial products?
the price of the product..... the competition in the market...... staff training..... awareness level of the product in the market....
What do you call the process of finding the factors of the given product?
factorization
Factors affecting shares market?
There are several factors that affect shares market. Some of them include price, competition, nature of product, demand and so much more.
What is yield analysis?
Yield analysis is a process used in manufacturing to assess and improve the production yield of a process, identifying factors affecting the output and implementing measures to optimize it. By evaluating the reasons for product defects or failures to meet specifications, yield analysis aims to increase efficiency and reduce waste in the production process.
What factors can impact the planning process?
Consumer demand, time, type of product or product design , the economic and processes
The factors of production are the beginning of the process that makes up the?
gross nationaly product
When you write an algebraic expression as a product of its factors what is the process called?
That is called "factoring".
Adoption and diffusion process for new product?
Adoption of a new product is concerned with the spread of a new product from the source to the public/consumers/users. The stages begin from innovators, early adopters, early majority, late majority to laggards.
What is culture and how is it spread?
Cultural diffusion is the process of a new idea or a product spreading fro one culture to another. It is spreaded mostly by fighting and religion
