The current issue and full text archive of this journal is available at www.emeraldinsight.com/0959-6119.htm Quick-service The product innovation process of restaurant chains quick-service restaurant chains Michael C. Ottenbacher Heilbronn University‚ Heilbronn‚ Germany‚ and 523 Received 20 May 2008 Revised 24 July 2008‚ 23 September 2008 Accepted 24 September 2008 Robert J. Harrington University of Arkansas‚ Fayetteville‚ Arkansas‚ USA Abstract Purpose – This paper aims to outline
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Developing Products and Managing Product Portfolios Chapter 12 What We Already Know About Products • How to define a product • How to classify a product – Consumer v business products – Different types of consumer products • The product life cycle • There are different levels of product: – Core benefits – Branding‚ design‚ quality – Support aspects: guarantees‚ after-sales service What Is Managing Products About? • Ensuring we have the right product mix to maximise
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EXECUTIVE SUMMARY i PRODUCT 1 The new product process 1 1.1 Stages in the new-product process 1 New product strategy development 2 Objectives of the stage 2 Identify Markets and Strategic Roles 2 Cross-functional teams 2 Idea generation 3 Customer Suggestions 3 Employee and Co-worker Suggestions 3 Research and Development Breakthroughs 4 Competitive Products 4 Screening and evaluation 5 Internal Approach 5 External Approach 6 What did the P&G at
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“Advertising is any paid form of non – personnel presentation and promotion of goods‚ services or ideas by an identified sponsor”. To advertise means to notify‚ inform‚ or describe (goods) publicity with a view to increase sales‚ to make a thing or idea publicly known. Features of Advertising: 1. Paid form: Advertising is paid for and hence it is a commercial transaction. This feature distinguishes itself from publicity. In short‚ advertising is a paid form of publicity. 2
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Johnson baby’s products Questionnaire Over the past hundred years‚ Johnson & Johnson always provide the safe and reliable baby-care products with parents‚ our company attaches the customer’s trust. Therefore‚ we are committed to upholding all the ingredients of each product using strict quality testing and assessment. In order to understand the level of trust and favorite of the common mass‚ we design this questionnaire‚ to help us get more information to improve our products to benefit the
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Environmental Product Differentiation: IMPLICATIONS FOR CORPORATE STRATEGY Forest L. Reinhardt roducers of toilet tissue‚ outdoor wear‚ tuna‚ beef‚ investment services‚ trash bags‚ and herbicides have recently positioned their products as environmentally preferable‚ with the idea of capturing a price premium‚ winning new customers‚ or both. Managers are looking for ways to reconcile their need to deliver shareholder value with intensifying demands for improved envirofimental performance. Perhaps
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Have you ever wondered if organic products is really worth paying more than regular products? Have you ever wondered if organic products are actually healthier for you? People who buy organic foods and products are usually seeking assurance that the food or products they are buying is gentle to the earth and that the food they are buying and eating is safe. Many studies have found that organic produce is more nutritious than non-organic produce. The term organic simply means using no chemicals
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Chapter 12: Setting Product Strategy GENERAL CONCEPT QUESTIONS Multiple Choice 1. Marketing planning begins with the formulation of an offering to ________ target customers’ needs or wants. a. exceed b. meet c. capture d. compete with e. comprehend Answer: b Page: 372 Level of difficulty: Easy 2. The customer will judge the offering by three basis elements: ________‚ services mix and quality‚ and price. a. performance b. salespeople
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Materially‚ things can make me happy but it really can’t suffice my craving for the real happiness. As a person‚ some of us wake up each and every day that whatever they have is what make them happy. Lucky to those who are rich‚ for they have fame and wealth that they can use for their everyday living. Lucky some of those who are poor that some of them can still eat at least three times a day. Ironically‚ we humans sometimes seek and find happiness on material things. And more so‚ we forgot the real
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2) 1. You are trying to decide whether to take a vacation. Most of the costs of the vacation (air-fare‚ hotel and forgone wages) are measured in dollars‚ but the benefits of the vacation are psychological. How can you compare the benefits to the cost? 2. The company that you manage has invested $5 million in developing a new product‚ but the development is not quite finished. At a recent meeting‚ your salespeople report that the introduction of competing products has reduced the
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