Levels of product Core product The core product is not the tangible physical product. We can’t touch it. That’s because the core product is the benefit of the product that makes it valuable to us. So with the car example‚ the benefit is convenience the ease at which we can go where we like‚ when we want to. Another core benefit is speed since we can travel around relatively quickly. Actual product The actual product is the tangible‚ physical product. We can get some use out of it. Again with the
Premium Brand management Product management Marketing
Consider the following contingency table: What is the probability of A | B? A′ | B′? A | B′? Are events A and B independent? 4.18 If P(A and B) = 0.4 and P(B) = 0.8‚ find P(A | B). ½ = 0.5. 4.19 If P(A) = 0.7‚ P(B) = 0.6‚ and A and B are independent‚ find P(A and B). 4.20 If P(A) = 0.3‚ P(B) = 0.4‚ and P(A and B) = 0.2‚ are A and B independent? Because P(A and B) = 0.20 and P(A)P(B) = 0.12‚ events A and B are not independent. Applying the Concepts 4.21
Premium E-mail English-language films
Major depressive disorder (MDD) is a well known psychiatric illness that can be described by symptoms such as a steady low mood and/ or a marked decrease in experiencing everyday activities. The majority of people who suffer from major depressive disorder tend to show or experience some severe type of mood disturbance. MDD has been estimated to affect nearly one out of seven people and has commonly been associated with several harmful consequences such as increasing risk of suicide (Clark‚ Watson
Free Major depressive disorder Bipolar disorder Dysthymia
Department of Mechanical Engineering‚ Government College of Engineering‚ Karad‚ (Maharashtra-India)‚Pin-415124 2 vsjadhavs@rediffmail.com Abstract— Ergonomics plays an important role in workers’ productivity. Workstation layout and work design are two major factors of ergonomics of worker’s efficiency. Now‚ manufacturers found that instead of investing lots of money on man‚ machine‚ material‚ method (4m)‚improving ergonomics of workplaces is cost saving. Ergonomics found great need when market demand
Premium Ergonomics Occupational safety and health Assembly line
POM Assembly line history The assembly line is a process in which workers are put in order to assemble the parts faster to finish the product. This process affected the industrial revolution in a great manner. The companies were able to construct their products faster and satisfying the demand that was needed at that time. Many companies try to perfect the process in different manners. Then‚ Ford Company was the first in creating a moving assemble line. After that ford was the leader in selling
Premium Assembly line Ford Motor Company Mass production
Choosing a major for my undergraduate degree was difficult because of all the options available to me. "Choosing a college major is an exploratory process that involves careful investigation and decision making". In the military I was trained to use a five step decision making process to solve problems. I used this process to choose the right major for me. "The first step in the decision making process was to make a self assessment". "The more you understand yourself‚ the clearer your life
Premium Decision making Decision making software Decision theory
PRODUCT MIX A product mix is the set of all products and items that a particular seller offers for sale to buyers. Product mix has a certain width‚ length‚ depth‚ and consistency. Width: No. of different product lines e.g. P& G carries width of five lines- Detergents‚ Bath soaps‚ Toothpaste‚ Disposable Diapers‚ Paper Tissues. Length: Total no. of items in its product mix. Depth: No. of variants of each product in the line. Consistency: refers to how closely related the various product
Premium Marketing Consumer theory Business
Waiting line management: unit 11. The waiting line is a list of customers who remains waiting for getting certain goods or services from service center. Understanding waiting lines or queues and learning how to manage them is one of the most important areas in operation management. In organizations or in personal life‚ there are examples of processes which generates waiting lines or queues. Such waiting lines occur because the current services facility is insufficient to provide service at that
Premium Poisson distribution Probability theory Expected value
Chapter Sixteen; Strategic Launch Planning The firm should think of product commercialization in two sets of decisions: 1. Strategic Launch Decisions a. Strategic platform decisions (overall tones and directions) b. Strategic action decisions (define to whom we are going to sell and how) 2. Tactical Launch Decisions a. Marketing mix decisions such as communication‚ promotion‚ distribution‚ pricing‚ etc. b. Strategic givens (already established; difficult or costly to change
Premium Brand management Marketing Brand
arguably two of the most significant American artists of the Abstract Expressionist movement during the post-war war era. However‚ one cannot truly understand the friendship these two artists had just by reading. Throughout the exhibition‚ Converging Lines: Eva Hesse and Sol LeWitt‚ the viewer can explore the friendship in depth through each of the many pieces first hand. Eva Hess was born into a German-Jewish family on January 11‚ 1936 in Hamburg‚ Germany. Together her family fled to the United States
Premium Art World War II New York City