‘De-commoditizing’ generic products in a business often leads to innovative success. To justify this‚ this report will use methods and strategies used when screening for a new business opportunity‚ explaining the importance of considering alternative needs that are addressed with the same initial solution. The opportunity identification process is utilized in elucidating final differentiated product. This report assumes that an entrepreneur is working to innovate with the criteria stated above and
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New Product Development Processes -1ZZ32 Assignment 1 (19 February 2013) Develop two novel ideas for new smart‐phone applications (i.e. can be for I‐Phone‚ or Android based devices or in general for all smart‐phone types). Please try to be creative as much as possible while elaborating on this. Try to differentiate your new products (applications) from the existing applications on the IT‐telecom market. For each application please answer & discuss the
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Why I choose Apple product? What are its interesting features? If I choose a product‚ I will surely select those that is reliable and proven and tested by millions of the consumers worldwide‚ in short I am one of those people who are always after with quality and durability. Apple smartphones is an epitomy for quality. Apple products are usually mob by Its customers because of its incredible IOS operating system and multi touch features. In addition‚ I think many people prefered to own an Apple
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Why Do Marriages Fail? In the world today‚ there are a lot of people wanting to marry the first person they fall in love with. However‚ many married couples realized that this kind of marriage is not what they want‚ so they turn to divorce as an answer. Even though there are many ways to fix the problems that occur in a marriage‚ sometimes‚ nobody wants to use them. It is certain that the causes of divorce vary from couple to couple. The most common reasons marriages fail are communication‚ the
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the terms "total product"‚ "marginal product" and "average product". These three figures are the foundation upon which the analysis of short-run production for a firm is analyzed. Total product is the total quantity of output produced by a firm for a given quantity of inputs. The usual framework is to analyze total product when in a variable input (labor) changes‚ for a given amount of a fixed input (capital). Diagram 1 In diagram 1‚ as the curve shows‚ the more labor hours you used‚ the more output
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The reason that so many people will cheat when they are on a "diet‚" is because of the fact that the diet is way too restrictive. Some of these fad diets that people choose won’t allow several groups of nutrients‚ such as the low-carbohydrate diets for instance. After you have been on plans like these‚ or say for example‚ plans like those single food diets‚ it is very easy to cheat. When you are not satisfied day after day of being on a diet plan‚ then you will have all the more reason to go off
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|Products |Description |Prices | | | | |[pic] |[pic] | |Brand name |Kind | |Essel Supermarket |Robinson’s |Jenra Grand Mall | |
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Test tube Mortar pestle Dilute HCl Disodium hydrogen phosphate NH4OH AlCl3 NaOH Cobalt nitrate Ammonium carbonate Preparation of the sample: Ten of marketed products (tablets/ capsule) is taken and crushed in mortar pastle. This powder is used as a sample through out the experiment. Sample is taken‚ then dilute HCl is added‚ when dissolved the solution then filtered the sample‚ which is a stock solution. Test
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clean better/easier than an ordinary toothbrush. Secondary functions are- Timer so it’s easy to estimate the right time of washing teeth. Battery indication so you know when to charge it before it dies‚ Changeable ends so more people can use the same toothbrush and so it lasts longer. Anti-slip surface so it is easy to hold when wet. Come in different colours so it would suit a wider audience. Rechargeable so it less money is spent on batteries. Aesthetically pleasing because people will
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Why do some markets fail? ________________________________________________________ Market Failure Market failure – occurs when the price mechanism causes an inefficient allocation of resources and a net welfare loss in society‚ so resources are not allocated to their best/optimum use. Identifying market failure is difficult because it involves making a value judgement about what is good and what is bad for an economy. However‚ it can be decided what is good or bad to society. Goods may be bad
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