Distinguish between a product idea, a product concept, and a product image

What will be an ideal response?


A product idea is an idea for a possible product that a company can see itself offering to the market. A product concept is a detailed version of the product idea stated in meaningful consumer terms. A product image is the way consumers perceive an actual or potential product.

Business

You might also like to view...

The Big 5 personality trait that has been consistently shown to have a particularly strong relationship with self-leadership is:

a. conscientiousness b. extraversion c. openness to experience d. agreeableness

Business

Answer the following statements true (T) or false (F)

If the balance sheet and income statement are non-articulated, they are linked together mathematically without any loose ends.

Business

A(n) ________ is a charge of having committed a crime, usually a felony, based on the judgment of a grand jury.

A. arraignment B. information statement C. indictment D. plea

Business

The possession of monopoly power is the only element needed to establish the offense of monopolization

Indicate whether the statement is true or false

Business