It's because the economic cost
The eight functions of marketing is to make a given product known. Once a given product is properly marketed, there will be increased sales. Increased sales will translate into increased profits.
Their can be many reasons why a product has failed on/in the market place ... Some reasons but not limited to the product being obsolete, over pricing, poorly manufacturing , poor product placement or the product is harmful to people and the environment ...
Decisions at the first level of product management involve the marketing mix for an individual brand/product. These decisions are the responsibility of a brand manager (sometimes called a product manager).
product, price, promotion, place, people, process, physical environment
Advantages of product development include the potential for increased market share, enhanced customer satisfaction through innovative solutions, and the ability to respond to changing consumer needs. Additionally, it can lead to improved brand reputation and increased revenue streams. However, disadvantages may include high research and development costs, the risk of product failure, and the time required to bring a new product to market, which can affect competitiveness. Balancing these factors is crucial for successful product development.
Because protection of the environment is payed by the polluting companies through taxes imposed by the government (Pigouvian taxes, in honour to Arthur Cecil Pigou). This taxes increases the costs per unit of product, and to compensate it, companies will rise the price.That's the simplest way to see how the cost of protection in the environment is transmitted to the consumer.I you
u soelled some time wrong, i think, and i really dont knoow. im just bored. TYPO :)
Sometimes nothing. Sometimes quite a lot. It depends on the product, marketing and environment.
When an economist says that the demand for a product has increased this means that
co2
when the price of product increased the porchasing powre of consumer is foll so he will decreases his quantity demand for that product.
Because the aggregate demand increased in the economy, the gross domestic product increased as well.
The eight functions of marketing is to make a given product known. Once a given product is properly marketed, there will be increased sales. Increased sales will translate into increased profits.
A caged Animal becomes a product of his environment, Mankind however builds his environments to suit his needs. if someone claims that you are a product of your environment, it means the environment you live in, has become your accepted norm, and now influences you, rather then you influence it. No different then saying you are the Product of your own thinking.
garment is a product which is manufactured by fabric for protecting human body and decorated purpose.
Reuse that product and turn it into something that can help the environment.
The modern manufacturing environment is characterized by: 1. intense international competition 2. rapid product innovation 3. turnover and obsolescence 4. increased use of automation 5. significant organizational changes (in response to new manufacturing technologies)