Youngstown Products‚ a supplier to the automotive industry‚ has seen its operating margins shrink below 20% as its OEM customers put continued pressure on pricing. Youngstown produces four products in its plants and has decided to eliminate products that no longer contributed positive margins. Details on the four products are provided below: Products A B C D Production Volume (units) 10‚000 8‚000 6‚000 4‚000 Selling Price $15.00
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Product * A good‚ idea‚ method‚ information‚ object or service created as a result of a process and serves a need or satisfies a want. It has a combination of tangible and intangible attributes (benefits‚ features‚ functions‚ uses) that a seller offers a buyer for purchase. The Product Concept * This orientation holds that consumers will favor those products that offer the most quality‚ performance‚ or innovative features. * A philosophy that a good product creates its own market‚
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The Role of Leadership in Shaping Organizational Culture Natasha Grant Walden University The Role of Leadership in Shaping Organizational Culture An organization ’s culture plays a significant role in its ability to execute strategic plans. A leader that treats culture as a core business strategy and intentionally focus on creating a thriving culture that aligns people to the mission‚ vision and values create a substantial competitive advantage. A leader is a person that possesses high
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A product is anything that meets the requirements of a particular market‚ this term involves a lot of dimensions because it is essential to recognize what contributes to the “total product offer”1 in order to be successful in the market or simple to keep our customers satisfy. A service is an intangible economic activity‚ not stored and does not result in ownership; Services nowadays are becoming more important and growing faster and consumers are more apprehensive with performance and satisfaction
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Inrtoduction: Domestic workers are called a friendly term in Manila "Kasambahay": to emphasize they are part of the household. The bill is yet to be signed in Congress to provide legal recognition for the domestic workers and recognize the important role that Kasambahay plays in the building of the family and of society. Filipinos oftentimes depend on the services of domestic house helpers for the orderly management of their households. Unfortunately‚ even if they perform vital day-to-day functions
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Title : RH Bill : Hanging in the Balance SOURCE : School Paper Title : Ang Suga Official Publication of Cebu Normal University Volume XXXI No.2 S.Y. 2010-2011 Page No. : Page 3 Date : 2010-2011 The Philippines for the longest time has been torn by two‚ not necessarily opposing‚ but somehow different‚ forces; the church and the state. Though there has been a decree on the inviolable separation of these entities ‚ more often than not‚ when societal issues confronting the state’s political
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marketers‚ feel that the image of a particular channel in which they sell product does not matter- all that matters is that the right customers shop there and the product is displayed in the right way. Others maintain that channel images- such as retail store- can be critical and must be consistent with the image of the product. Take a position and justify: Whether channel images do not really affect the brand images of the products they sell versus channel images must be consistent with the brand image
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Identify two new products (introduced to the consumer and/or business markets within the last year) and classify them as either: a new-to-the-world product‚ a new product line‚ an addition to the existing product line‚ an improvement and/or revision of existing product(s)‚ or a repositioning of an existing item. For each product selected‚ identify what challenges you think the developing company faced in marketing this product. What rate of diffusion and consumer adoption do you foresee for these
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A company’s product line consists of a set of products that relates to one another; for example‚ a line of breakfast cereals. The product mix combines several product lines. A company may sell a line of breakfast cereals‚ a line of laundry detergents and a line of household cleaners. Building and managing a profitable product mix can give a company a large market share and create multiple income sources. Sponsored Link Show your ad here Rs.2000 credit and 30 day support Advertise Now!www.Google
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players in this field like Pepsi‚ coke and many regional and local brands. There are many legal provisions which effects the decision of product manager. Rules was formed by Indian Standards Institution on 30 November 1970‚ after the draft finalized by the Food Hygiene‚ Sampling and Analysis Sectional Committee had been approved by the Agricultural and Food Products Division Council. This code has been prepared keeping in view that unless the factory producing the food is governed by a strict hygienic
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