Product standardization Definition : Product standardization in business is the process of developing same product for multiple countries. Advantages: The main advantage of product standardization is cost saving. Cost reduction will give economies of scale. Since you are making large quantities or the same‚ non-adapted product - you benefit from the advantages associated with manufacturing in bulk. For example‚ components can be bought in large quantity which reduces the cost-per-unit. These
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westerners. Elif Shafak is a Turkish novelist born in Strasbourg‚ France who is the most widely read female writer in Turkey. Her books have been translated into more than twenty-five languages. Ch. N. Adichie in her talk warns that if we hear only a single story about another person or country‚ we risk a critical misunderstanding. Things are not usually just black and white and we have to make every effort to open our minds and explore what is real. Elif Shafak talks about the danger into which writers
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routine that the father worked while the mother stayed home to care for the children and the household. In this era‚ there are some extenuating circumstances where parents cannot totally commit to monitoring their children. They may be forced into single parenting‚ they may be required to work more than one job‚ or they may have too many children which would render them unable to properly supervise the child that needs the most supervision. On some occasions‚ these unsupervised adolescents may turn
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One thing in my life that I had to dive into doing was being a single parent. I no longer had just myself to worry about and to take care of; I was going to have another person to be responsible for. I had a mixture of feelings when I found out I was pregnant. I did not know if his dad was going to be around or not to help me. I was worried‚ nervous‚ scared and excited all at the same time. I was not working at the time‚ so I had very little money and his father only paid child support when
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Christine R. Rykhus L25966345 Book Critique Dating and the Single Parent Dr. Ken Nichols PACO 603 D02 Summary In the book Dating and the Single Parent Ron Deal walks the single parent through the process of dating again. This book is broken into three sections. Section one has five chapters and is titled “Getting Past the Butterflies and Warm Fuzzes.” In the beginning Deal starts with “Dating in a Crowd: Dating with Purpose.” (29) With this in mind the reader begins to understand you will
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understand by the term market planning and its role in marketing of good and services? (b) Discuss the various elements of marketing mix both in case of product and services and their complementary role in effectively marketing the firms offerings. 2. (a) What is STP strategy? The success of product/service largely depends on the effectiveness of proper segmentation by the marketer. Justify by taking two examples of your choice. (b) What is Marketing Research
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Tambrands is a company that uses single-product strategy to advertise their product known as TAMPAX. This product is the best selling product with 44% of the global market share. Out of this 44%‚ approximately 90% of its sales come from North America and Europe. One of the main reasons for tampax being successful only in North America and Europe is because tampons still have not gained popularity as a result of various cultural resistance‚ religious resistance and/or myths associated with using a
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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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likely to be repeated in the future are called single-use plans (programs and projects). This can apply in many businesses. Can you think of a good example of this used recently? are there always positives when using single-use plans or can they sometimes backfire? And if a single use plan is very successful‚ is it possible that it might be used again? Do single use plans lose their effectiveness after one use? Responses: 1. Wouldn’t a budget be a single-use plan? Setting a budget for the month or
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____________________________ Address ____________________________ Q. Are you aware of various products of various brands ? (a) Yes (b) No Q. Do you use OTC segment products of different brand? (a) Yes (b) No Q. Which brand you found reliable in OTC segment (a) Cipla (b) Ranbaxy (c) Ind-Swift (d) Other Q. Do advertisement of a particular company’s product makes any effect on you ? (a) Yes (b) No Q. Which source of advertisement
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