A ________ is the specific combination of goods, services, or ideas that a firm offers to its target market to enrich the lives of consumers by providing designs, features, and functions that people need and want.
Fill in the blank(s) with the appropriate word(s).
product
A product is the specific combination of goods, services, or ideas that a firm offers to its target market to enrich the lives of consumers by providing designs, features, and functions that people need and want.
You might also like to view...
Jordan's firm enters new markets by tweaking products for new customers, uses variations on a core product to stay one step ahead of the market, and creates interim solutions for industry-wide products. In other words, it pursues ________
A) disruptive technologies B) incremental innovation C) complex innovations D) discontinuous innovations E) radical innovations
For an MBO (management by objectives) system to work, one of the four criteria that the unit's objectives must meet is that objectives must be stated quantitatively whenever possible
Indicate whether the statement is true or false
As economies achieve high levels of prosperity, pressures for nonprofits to collaborate _____
A. will likely skyrocket B. will remain the same C. will likely start to fall D. are not likely to abate
Assume you are in the business of producing and selling cars. If you could produce more cars with the same input, what would happen to your productivity and profits assuming the price of your cars remains the same?
A. Increase in productivity, decrease in profits. B. Decrease in productivity, decrease in profits. C. Increase in productivity, increase in profits. D. Decrease in productivity, increase in profits.