Mark 442 – Product Management Lecture 7 Lecture Objectives 1. Describe the 3 dimensions of a product. 2. Discuss issues relative to product standardization versus customization. 3. To review what constitutes a product and what elements can be standardize or customized. 4. Describe the relationship between product adoption and customization/standardization. 5. describe 5 factors that affect product adoption. Notes What is a product? Product Includes: core product and packaging
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What Management Is Question 1 An ‘External Orientation’ rather than an ‘Inward Focus’ is useful in understanding the concept of value. Describe ‘Value Creation’ from the context of Low-Cost Airlines (No-Frill airlines). Compare it with how the Indian Railways creates value. Answer 1 Value creation is a term which cannot be defined / quantified specifically and measured accurately or attributed a particular definition. It has a distinct and broad view and originates from the customers point of
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Should performance enhancing drugs be legal in sports? There is a lot made of sports people taking performance enhancing drugs during training or competition. But many people are still split on the subject of drugs in sport. is it fair ‚ is it in the spirit of the sport‚ there arguments for both sides in the sports world‚ in my following research I will put forward an un-biased view on both sides of the coin‚ using many sources of past research ‚ books ‚ and trusted internet sites. I will be
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People have argued that video games should be a sport for the past couple years. Their arguments are that people need to be moving for an activity to be a sport. Those people then point out all of the sports that do include physical movement. What they fail to do is list those sports that do not have movement. There are many sports that do not require the player to move‚ one of those sports being chess. Video games have been slowly trying to make its way onto that list as well. Video games
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Essay One: Why I Want To Pursue a Degree In ECE Angelina D. Lewis MOC @ Wilmington EDU 305 Early Childhood Education June 7‚ 2011 2 Ever since I was a little girl‚ I’ve known what I wanted to do. I am one of those people who was blessed enough to realize my passion at an early age. As far back as I can remember‚ I’ve wanted to become a teacher. I can remember as a child sitting in my room‚ surrounded by my stuffed animals (or students‚ as I saw them) and forcing my younger
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The role of management in achieving goals To achieve its goals and ensure that the stakeholder’s interests are continually analysed and met‚ the company employs middle managers. The company goals can only be achieved if everyone works as a team and supports the company mission and values. Middle managers are an important component of this team. Middle managers have a responsibility within the organisation to implement at an operational level‚ the policy and programs set out by the senior managers
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It is hard to know what exactly to do in any situation that is illegal‚ even in the sporting realm. As a society we tend to look at any athlete‚ no matter what league they are in; from college‚ minor league and major leagues‚ as if they get anything and everything they want. Almost as if they are invisible to any crimes and believe that because they are in the public eye‚ it means they can get out of it. One should believe that athletes are just like the rest of us and should be punished like we
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Should Dancing be considered a Sport? What is the true definition of Sport and Dance? Sport is the activity of which a person or team competes against each other and involves the physical effort of skill to master. Dance is the series of movement that matches the speed and rhythm of a piece of music. Also‚ injures that dance and sports share. Therefore‚ Dancing should be considered a sport because it has the qualifying requirements of a sport. In the first place‚ the requirements of skill and competition
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for vision in sport “find the strongest‚ fastest‚ most-skilled man...” Train aims to bring out this potential. That is what sports is about . When we see an exceptional performance‚ when we experience one of those moments of grace and excellence in ourselves ‚ what makes it so special? If excellence in sports is the intersection of talent and dedication ‚ as I believe ‚ then drugs disport and distract. Understanding the meaning and value of sports will determine whether doping should continue to be
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Sealing Products‚ Inc. Briefing Higbee Inc. is an over eighty year old company that focuses on gasket and sealing products in the Unites States. “Higbee‚ Inc. is an ISO 9001:2000 registered company that has enjoyed the reputation of excellence in the gasket and sealing products industry since 1932” (Higbee Inc.‚ 2006). Higbee is located in a sixty thousand square foot building in Syracuse‚ New York. They are a private company that has succeeded for many years. Higbee Inc. main products are gasket
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