How different can the core product be

Assignment Help Business Law and Ethics

Reference no: EM133394530

Question: Think about the Total Product Concept: The Core of a product may be similar to many of its competitors. Think of clothing. Shoes, socks, shorts, and shirts for example - most people have two legs, two feet, two arms, and one head, so how different can the core product be? Yet some people will spend incredible amounts on shoes, socks, shorts or shirts that are really no different to other, less expensive brands at the core and even tangible product level. Provide an example of either shoes, socks, shorts, or shirts that are in fact no different than competing brands at the core and tangible levels, but command much higher retail prices and explain using the Total Product Concept.

Reference no: EM133394530

Questions Cloud

Are there steps before these legal processes : Are there steps before these legal processes? Suppose you fly solo and open your own business - a sole proprietorship? Or do you seek advice?

Lep patients in arizona face numerous challenges : LEP patients in Arizona face numerous challenges in accessing quality healthcare services, which can result in negative consequences for both patients

Why is it so important that the formation documents : There does not seem to be much to the Organizational Test for tax-exempt status. Why is it so important that the formation documents of the organization have

Analyze the associations of risk factors : If investigators wished to analyze the associations of risk factors with a given outcome using only data on exposure and outcome at baseline,

How different can the core product be : how different can the core product be? Yet some people will spend incredible amounts on shoes, socks, shorts or shirts that are really no different to other

What are compound authorizations : What are "compound authorizations"? How did the 2013 amendments to the HIPAA Privacy Rule facilitate their use? Why were these changes welcomed by the research

Discuss how the company uses these strategies : find a company that uses these strategies and we will discuss how the company uses these strategies select an article from the popular press such as newspaper

Create the physical database from your design : CMIS 320 Relational Database Concepts and Applications, University of Maryland Global Campus - Relational Database Concepts and Applications

What would you suggest dakotah and amal do and why : Dakotah and Amal are at a point in their lives where their children will be going to college soon and they had also purchased a summer home and didn't have

User Account

All Pages