concept is one of the four critical objectives of marketing. Toothpaste is an oral care product. Antacid is a drug while dandruff shampoo is a hygiene product. All of these come under health care products. Therefore‚ Colgate?s core product is a health care product when it sells toothpaste or other products in its new line. The core benefit the product will provide to consumers is total health care. For example‚ Colgate?s toothpaste is an actual product. It?s name‚ ingredients‚ styling‚ features
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LAGUNDI Lagundi (scientific name: Vitex negundo) is a large native shrub that grows in the Philippines and has been traditionally used as herbal medicine. The Philippine Department of Health has conducted research and study for Lagundi and has suggested that the lagundi plant has a number verifiable therapeutic value Lagundi is an erect‚ branched tree or shrub‚ that grows to as much as 5 m high. Lagundi has a single thick‚ woody stem like a trunk and is usually seen in swamps of the Philippines
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1. Introduction 1.1. Colgate-Palmolive Company Colgate-Palmolive Company is one of the largest multinational consumer products company‚ it is a global company worth $15.6 billion. The founder‚ William Colgate was an English manufacturer; he established the business in 1806 under the name of "William Colgate & Company". - 1806‚ Colgate on Dutch Street‚ New York city. Thereby‚ the company has more than 200 years of history by serving the world‚ and are offering their products to more than 200
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Colgate-Palmolive Company (NYSE: CL) is an American diversified multinational corporation focused on the production‚ distribution and provision of household‚ health care and personal products‚ such as soaps‚ detergents‚ and oral hygiene products (including toothpaste and toothbrushes). Under its "Hill’s" brand‚ it is also a manufacturer of veterinary products. The company’s corporate offices are on Park Avenue in Midtown Manhattan‚ New York City. In 1806‚ William Colgate‚ himself a soap and
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Assignment 4: Managing for Innovation What You Need to Do The LEGO Group is a privately held‚ family owned‚ company based in Denmark. Founded in 1932 to manufacture wooden toys‚ a significant milestone in innovation at the company was the development of the now ubiquitous LEGO brick in the late 1950’s. In recent years LEGO has enjoyed an envied record of success with significant revenue growth year after year and significant successes with new products. Its 2011 revenue was 133% greater than its
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MALAYSIA HERBAL MARKET Currently‚ the value of global herbal market for nutraceuticals is at USD 70 billion and USD 20 billion for phytomedicines with an average growth rate between 15 to 20 percent annually. While the Malaysia herbal market is valued at RM 4.55 billion 0f which 90 percent of the raw material used was imported. It is with this potential in mind that Malaysia’s herbal industry can be one of the agriculture Entry Point Projects under the National Key Economic Areas in the Economic
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Herbal medicine is the extraction of herbs or plants which have a medicinal value in treating illnesses and diseases (Brody 1). A herb is known as a plant that does not have a woody stem and usually dies back at the end of each growing season. It is also known as a "natural" drug because they are derived from nature. This is unlike pharmaceutical drugs‚ which are synthesized from chemicals. Herbal medicine dates back a very long time. More than 4‚000 years ago‚ the Chinese emperor Qien Nong
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Herbal and Nutritional Medicine Herbal medicines are certain types of medicines which are purely made by herbs. They don’t have any side effects‚ mainly because most of them are found in nature and are not harmful to the human body. Many well established medicines originally come from plants which is very interesting and completely opposite of different medicines which are made in labs. For example‚ the painkiller morphine comes from poppies‚ aspirin comes from the bark of willow trees and dioxin
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start in 1937‚ when hand-carts were used to distribute Colgate Dental Cream‚ Colgate- Palmolive India today has one of the widest distribution networks in India - that spans 5.3 million retail outlets across the country‚ of which the company services 20‚00‚000 outlets directly. Below is the comparison of the retail distribution in 2010 and 2012: Creating Market Awareness: CPIL has been able to increase the sales volume of the toothpaste and tooth powder segment by about 13 per cent using the
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Aren’t herbal products safer than pharmaceutical drugs because they are made from natural ingredients? ------------------------------------------------- http://www.naturalmedicinesofnc.org/FAQs.html While the pharmaceutical industry has made important progress in recent decades in developing reliable‚ effective medications‚ the emphasis on proving efficacy has often overshadowed safety issues. So‚ despite federal drug regulations‚ serious safety problems related to pharmaceutical drugs persist
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