Additions to product lines helps increase sales and bring in new business. They help keep up with trends and offers customers more options.
If the developer whom you bought the product allows you to modify the product and then resell it, then it's legal.On the other hand if the product you bought says that you cannot modify, re-produce or resell, then it's illegal.
no because they wont know it was something else if u modify it.
A product organizational structure can lead to duplication of resources, as different product lines may develop their own marketing, sales, and support teams, resulting in inefficiencies and increased costs. It may also create silos, where communication and collaboration between teams working on different products are limited, hindering overall organizational synergy. Additionally, this structure might lead to an overemphasis on product performance at the expense of broader company goals or customer needs. Finally, it can complicate resource allocation, as competing product lines vie for budget and personnel.
Growth strategies can be categorized into four main types: market penetration, market development, product development, and diversification. Market penetration focuses on increasing sales of existing products in existing markets, often through competitive pricing or enhanced marketing efforts. Market development involves entering new markets with existing products, which can include targeting new geographical areas or customer segments. Product development entails creating new products for existing markets, while diversification involves introducing new products to new markets, which can be either related or unrelated to the current business portfolio. Each strategy carries its own risks and opportunities, requiring careful consideration based on the company's resources and market conditions.
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"Additions" refer to adding something new to an existing entity, like adding a new feature to a product. "Editions" refer to different versions or variations of a publication or product, such as a new edition of a book. Use "additions" when you are including something new, and use "editions" when you are releasing a revised or different version of something.
Slayer!
Innovation is the modification of an existing product or process.
If the product is -1 then the lines are perpendicular to one another.
A firm's product mix is the complete set of all products offered. The product line is an assorted group of items that the consumer would think is similar. For example, Pampers and Proctor and Gamble sell a lot of hygiene products. Their product mix would consist of the full range of individual items: diapers, wipes, Gillete’s razors, Head & Shoulders Shampoo, Vics Cough and Cold relief.
Yes, they can be two existing lines (not intersecting) and it can be parallel.
the variety of product lines that a company produces, or that a retailer stocks. Product mix usually refers to the length (the number of products in the product line), breadth (the number of product lines that a company offers), depth (the different varieties of product in the product line), and consistency (the relationship between products in their final destination) of product lines. Product mix is sometimes called product assortment.
NO
what are the existing industry related to cooking meal product
Product Lines.
Refers to the number of different product lines the company carries. Procter & Gamble markets 250 brands organized into many product lines.
product mix