rights reserved 0160-7383/94 $6.00 + .00 0160-7383(93)E0032-9 THE TOURISM PRODUCT Stephen L. J. Smith University of Waterloo‚ Canada Abstract: An industry is characterized by a generic product and production process. For tourism to be considered an industry‚ it is necessary to show that such a genetic product and process exist. This paper argues that they do exist‚ and presents a model that describes the product as consisting of five elements: the physical plant‚ service‚ hospitality‚ freedom
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PRODUCT PLACEMENTS The Impact of Placement Type and Repetition on Attitude Pamela Miles Homer ABSTRACT: The global market for product placement‚ the practice in which firms pay to place branded products (e.g.‚ brand name/logo‚ package‚ signage‚ other trademarks) in the content of mass media programming‚ has exploded. A pair of studies test two potential moderating factors that may help account for the lack of attitude change reported in past experimental studies of placement effects. Specifically
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the generic product development process. The product development process represents the basic sequence of steps or activities that a firm employs to conceive‚ design‚ and bring a product to market (Jacobs & Chase‚ 2011). The process consists of six phases. Many of the phases involve intellectual activities rather than physical activities. Many firms use the generic product development process but others have more defined and precise process geared towards their functions and products.
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Japan and China Conflict William Kennedy Southern New Hampshire University Japan and China have been in a conflict that started in 1960 after the United Nations said that the island may contain huge reserves of gas and oil. Not to mention rich fishing grounds. The countries have tried to set its maritime borders with no success. Japan has controlled the islands from 1895 to 1945 when they were transferred to American administration in 1972. The islands were then returned to Japans control but
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Product costing assignment 1. (a) Split into fixed costs and variable costs‚ which are both allocated based on machine hours‚ but using separate rates. Also‚ make a distinction between the costs that are more directly related to the machines (e.g.‚ depreciation‚ electricity) and those that have been allocated to the machines from other cost centers. (b) Split total machine-related costs into three types: costs related to setup‚ production‚ and maintenance of the machines. For each type of
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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 at this point) For examples
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Product Information Product information should be more thorough because it will help us become more ethical consumers and take better care of our health. We do have the right to know whether a product has been made by unethical means before purchasing it‚ or if the product is harmful to our health. Our market has expanded to the point where we are presented to an enormous number of products and have built the tendency to buy things without knowing where they come from or how they were made
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and implementation of ideas to produce new or improved strategies‚ capabilities‚ products‚ services‚ or processes.” Innovation refers to creating more effective processes‚ products and ideas. Innovation is crucial to the continuing success of any organisation. Businesses that can innovate create more efficient work process and have better productivity and performance. Being innovative doesn’t mean inventing new product or services. Changing business model and adapting to changing environment to give
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Product * A good‚ idea‚ method‚ information‚ object or service created as a result of a process and serves a need or satisfies a want. It has a combination of tangible and intangible attributes (benefits‚ features‚ functions‚ uses) that a seller offers a buyer for purchase. The Product Concept * This orientation holds that consumers will favor those products that offer the most quality‚ performance‚ or innovative features. * A philosophy that a good product creates its own market‚
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Case Study: Electra Products Summary: The Company faces the distrust between the departments‚ the staff enthusiasm reduce the decline in market share‚ the low product innovation‚ reduced efficiency and other issues. Then Martin Griffin proposed a suggestion—the new empowerment campaign. But after Martin proclaimed a new era of trust and cooperation at Elecatra Products‚ Barbara’s friend Harry expressed doubts. He said: Garbage like empowerment isn’t a substitute for hard work and a little faith
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