Chapter 10 – Products and Services for Consumers Discussion Questions 1. Define the following terms and show their significance to international marketing: Product diffusion Innovation Product Component Model Green marketing Quality Homologation Global brands 1. Debate the issue of global versus adapted products for the international market. A recurring debate exists relative to product planning and focuses on the question of standardized products marketed worldwide versus differentiated
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PRODUCT CHARACTERISTICS & CLASSIFICATIONS Product level: The customer value hierarchy Is product a tangible offering? No‚ it’s more than that. “Product” is anything which can satisfy market. People classify products according to customer value. It’s illustrated by this circle system. At the centre is core benefit which the customer really buy. Take Shilla‚ a hotel of SamSung group‚ for example‚ when you get there‚ what are you pay for? Is it a room‚ or a bed‚ or a shower? Not at all. Basically
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Assistant Store Managers Mary Watson was recently promoted to the position of regional sales manager for Today’s fashion‚ a national chain of specialty clothing stores with 200 outlets across the country. Mary is the regional manager for the Pacific Coast‚ which is one of Today’s Fashion’s largest markets. She manages 35 outlets in California and Oregon; each of these outlets has a store manager who reports directly to Mary. Each outlet has between three and five assistant store managers‚ depending
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Fiscal Policy in Kenya: Looking Toward the Medium-to Long-Term By Kamau Thugge‚ Peter S Heller‚ and Jane Kiringai[1] Executive Summary Kenya’s authorities‚ in articulating their vision for the next two decades of Kenya’s development‚ understood clearly that fiscal policy would need to play a critical role in influencing the pace at which the economy will grow and its capacity to deal with the key challenges that will arise over the next several decades. Domestic policy challenges include
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Consumer behaviour in dairy products in Kosovo 311 ANALYSIS OF CONSUMER BEHAVIOUR IN REGARD TO DAIRY PRODUCTS IN KOSOVO Bytyqi Hysen*‚ Vegara Mensur**‚ Gjonbalaj Muje‚ Mehmeti Hajrip‚ Gjergjizi Halim‚ Miftari Iliriana and Bytyqi Njazi* ABSTRACT Consumer behaviour in Kosovo in respect of dairy products (white cheese‚ yoghurt‚ fruit yoghurt‚ Sharri cheese‚ curd and caciocavalo) was studied during 2007 using different socio-economic variables assessed by so-called evaluation criteria 1-5. The objective
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Phil Hart‚ president of Toronto-based MMI Product Placement Inc. (MMI)‚ wants to thinks of ways to win Greyhound Canada as MMI’s client. He also wants to decide if the Making the Cut was the right promotional vehicle for Greyhound. Objectives/Goals * To win Greyhound Canada as MMI’s client. * To select right promotional vehicle for Greyhound. * To provide affordable price to Greyhound. Background / Forecast: MMI was a pioneer of product placement in Canada. MMI is aimed to select
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Product Placement in Films A contemporary study on product placement in Hollywood‚ Bollywood & Dhallywood movies Product placement is now-a-days considered to be one of the most effective marketing tools to reach the target customers. This study is done to get an indepth idea about product placement‚ its use in different movie industries‚ its pattern‚ present and future business trend Prepared by: Md. Mainul Islam Md. Nur Hossain Both are the students of the Department of Marketing Studies &
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review and research strategies on product-service systems P.P. Wang*‚ X.G. Ming‚ D. Li‚ F.B. Kong‚ L. Wang and Z.Y. Wu School of Mechanical Engineering‚ Shanghai Jiao Tong University‚ Shanghai‚ PR China (Received 17 May 2010; final version received 12 October 2010) As present trends in economic and population growth continue‚ the natural environment is increasingly being stressed. More and more researchers‚ institutes and programmes have paid attention to product-service systems (PSSes) in the
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Silent Money Makers How has product placement came to be such an important factor on television and in the movies today? Why is it that when we are watching a movie‚ we see all of these random products we’re familiar with? Product placement began in the nineteenth century. It has been used more and more ever since. Product placement is quite frequently used in just about every movie that has came out and every TV show that has aired in the 21st century. “Increasingly‚ product placement in the multibillion
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TOTAL PRODUCT CURVE: A curve that graphically represents the relation between total production by a firm in the short run and the quantity of a variable input added to a fixed input. When constructing this curve‚ it is assumed that total product changes from changes in the quantity of a variable input (like labor)‚ while other inputs (like capital) are fixed. This is one of three key product curves used in the analysis of short-run production. The other two are marginal product curve and average
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