What Is a Product Mix? Product mix‚ also known as product assortment‚ refers to the total number of product lines that a company offers to its customers. For example‚ a small company may sell multiple lines of products. Sometimes‚ these product lines are fairly similar‚ such as dish washing liquid and bar soap‚ which are used for cleaning and use similar technologies. Other times‚ the product lines are vastly different‚ such as diapers and razors. The four dimensions to a company’s product mix include
Premium Marketing Dimension
Topic Tracking: Fate Fate 1: By chance‚ Captain Vye and the reddleman‚ Diggory Venn‚ walk on the same road. Captain Vye suspects that Thomasin Yeobright is in Venn’s wagon‚ and unmarried. He will later tell his granddaughter‚ Eustacia‚ that Thomasin and Wildeve are not married. Fate 2: It is a combination of fate and scheming that brings Eustacia and Clym together. Eustacia hears from Charley that the Christmas mummers will be performing at the Yeobrights’‚ and she schemes to meet Clym by performing
Premium
stage. Stage 2 is all about formulating the proper concept for the ideas selected. Then on the basis of these Stage 3 is made that is developing the correct product for the concept build in the second stage. Stage 4 is one of the crucial stages where launched products are tested for any inaccuracies and finally Stage 5 is marketing the product worldwide. As we discuss the importance of building coalitions and making a business case for innovation‚ let’s consider the implications of stakeholder
Premium Project management Idea
Managing Conflict What is conflict? Conflict is a natural disagreement resulting from individuals or groups that differ in attitudes‚ beliefs‚ values or needs. It can also originate from past rivalries and personality differences. Other causes of conflict include trying to negotiate before the timing is right or before needed information is available. Causes of conflict. 1. Lack of communication. There is a lack of communications. Failure to share ideas and feelings (between wife and husband
Premium Decision making Conflict Leadership
Sample MCQ’s practice exam MGMT1001 1. Which of the following is true concerning the effectiveness of group decision making over individual decision making? a. Group effectiveness is influenced by its size‚ b. Groups are less creative than individuals. c. Individuals are always outperformed by groups. d. Individuals tend to be more accurate. e. Groups are more accepting of the final decision. 2. Which of the following factors WOULD NOT influence an organisation to have a higher degree of centralisation
Premium Strategic management Decision making Decision theory
CHARTERED MANAGEMENT INSTITUTE LEVEL 5 DIPLOMA IN MANAGEMENT AND LEADERSHIP Darlington College UNIT 5003 MANAGING PERFORMANCE “Don ’t lower your expectations to meet your performance. Raise your level of performance to meet your expectations.” Ralph Marston There is no single good or best way of conducting performance management. But the overriding principle is that good performance management is equated with good management. It is about ensuring that managers manage effectively‚ that they
Premium Performance appraisal
Running head: Managing Cultural Diversity Managing Culturally Diverse Work Groups within an Organization Natasha Avies Troy State University Dr. Earl Ingram November 28‚ 2004 Abstract Cultural diversity has become widespread within many organizations today. The work groups in these organizations are increasingly being staffed by culturally diverse employees. The cultural differences exhibited in the groups can enhance or weaken the function of the work group‚ especially in a predominantly
Premium Culture Management Sociology
The New Game in Asia Sheikh Rahman Senior Advisor November 5‚ 2012 ------------------------------------------------- In determining the course of Bangladesh’s foreign relations – the words of a famous Prussian /German statesman of the nineteenth century and renowned figure in world affairs Otto von Bismark may be appropriate - “if you have five neighbors‚ you need to be on good terms with at least three”. China and India are the two powerful nations in the region that
Premium South Asia Southeast Asia Pacific Ocean
management and bureaucracy. Contributions to organisational theory at the start of twentieth century were focused on identifying principles which‚ if utilized‚ ensure success. The aim was that these simple laws would represent the single best way for managing and organizing. Most modern companies still incorporate a few ideas from the early works on organizational theory. Classical organizational and management theorists pointed that the principles could be applied to any organization no matter the size
Premium Management Organization
1. What are the challenges faced by Right when the downsizing effort no longer is a popular human resource strategy? a. Currently it does not seem like Right has an alternative plan for providing a service for HR departments other than recommitment. Their sole business is to help business’s manage change mostly due to downsizing. They will have to come up with a new business strategy or downsize themselves. Right seems to have found a market of helping people manage the change that has occurred
Premium Human resources