Mark 442 – Product Management Lecture 7 Lecture Objectives 1. Describe the 3 dimensions of a product. 2. Discuss issues relative to product standardization versus customization. 3. To review what constitutes a product and what elements can be standardize or customized. 4. Describe the relationship between product adoption and customization/standardization. 5. describe 5 factors that affect product adoption. Notes What is a product? Product Includes: core product and packaging
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Chapter 7 Commerce and Culture Different areas and environments such as highlands‚ steppes‚ farmlands‚ islands‚ mainlands‚ valleys‚ mountains‚ deserts‚ and forests all generate different products Some societies were able to form monopolies on a certain good like silk in China This uneven distribution of goods and resources are what drives trade In the period of 500 to 1500 long distance trade became more important than ever before in linking and shaping distant societies and people Trade was
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M1: assess the biomedical and socio-medical models of health: Biomedical: The biomedical model of medicine has been around since the mid-nineteenth century as the predominant model used by physicians in diagnosing diseases. It has four core elements. According to the biomedical model‚ health constitutes the freedom from disease‚ pain‚ or defect‚ therefore making the normal human condition "healthy". The model ’s focus on the physical processes‚ such as the pathology‚ the biochemistry and the physiology
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CHAPTER 5: LIGHT In each of the following sentences‚ fill in the bracket the appropriate word or words given below. solid‚ liquid‚ gas‚ vacuum‚ electromagnetic wave‚ energy 1. Light is a form of ( ). 2. It travels in the form of ( ) 3. In can travel through ( ) 4. It travels fastest in the medium of ( ) 5. Light of different colours
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Kunnikar Ngandee Chapter 1 : Globalization Talk it Over 1. Today‚ international business people must think globally about production and sales opportunities. Many global managers will eventually find themselves living and working in cultures altogether different from their own. Many entrepreneurs will find themselves booking flights to places they had never heard of. What do you think companies can do now to prepare their managers for these new markets? What can entrepreneurs and small businesses
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extracted from the front c) released from the front and extracted from the front 6. What cable would you use where temperatures are going to exceed 200 degrees C? a) Aluminium b) Silver plated # c) Nickel plated 7. Brinelling of a wheel bearing could be caused by # a) heavy landing b) rotation of the outer race in the wheel housing c) overheating of the brakes 8. A hi-lock collar should be a) lubricated before fitting b)
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Note: When you answer questions involving the test of hypotheses‚ use the four-step hypothesis process (see textbook pages 298-299). Also‚ see your textbook for the full question when necessary; the chapter 9 problems start on p. 303 Chapter 9‚ problems 4‚ 12‚ 14‚ 22 4. Explain why t distributions tend to be flatter and more spread out than the normal distribution. 12. Last fall‚ a sample of n = 36 freshmen was selected to participate in a new 4-hour training program designed to improve
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Seven Communication Principles To compose effective message you need to apply certain specific communication principles. They tie closely with the basic concepts of the communication process and are important for both written and oral communications. Called the “seven C’s”‚ they are: completeness‚ conciseness‚ consideration‚ concreteness‚ clarity‚ courtesy‚ and correctness. Completeness Your business message is "complete" when it contains all facts the reader or listener needs for the reaction
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Romulus(753-717/16 B.C.) Romulus was the founder and first king of Rome The story of the twins Romulus and Remus suckled by a she-wolf Known for: - Rome’s early political and military institutions‚ and victories over neighbouring people including the Caeninenses o He slayed their king in a single battle - founded‚ the extension of 4 hills‚ of the Roman hill‚ - the Capitoline‚ Aventine‚ Caelian and Quirinal He was infamous for rape and the seizure of Sabine woman as wives for his men - Many
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Discussion Questions 1 .In what ways does Bezos’s decision to develop and sell the Kindle and Kindle Fire show systematic and intuitive thinking? Bezos thought the most reasonable thing to sell over the internet was books. The internet offers customers to review the books‚ or write a book review‚ and it also offers them to recommend other books and more. Offering Kindle showed an advanced point of view since digitized media is so widespread today. It is also based on a systematized thinking that
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