Rapidly growing market segment of very old consumers

Assignment Help Operation Management
Reference no: EM132178660

Imagine for a moment that you’re in charge of marketing mp3 players to the rapidly growing market segment of very old consumers. What hurdles might you face? How could you surmount these hurdles?

Pick your favorite product—for instance, a bakery that you visit, a car that you drive, or a local band that you love. Analyze the features of the product and the benefits associated with each feature. Now develop five more product features that would offer you, as a customer, meaningful benefits. Think big! Why aren’t these features currently part of the product? Would a product with these new features offer a business opportunity for you or someone else? Explain your answer.

Reference no: EM132178660

Questions Cloud

Payment or not based on the concepts of agency law : Do you think you would be liable for this payment or not based on the concepts of agency law?
Discuss three different jury members perception : Discuss three different Jury Members “Perception” of the accused murderer- Why do they have different views?
Why target costing can be valuable approach to pricing : Describe why Target Costing can be an valuable approach to pricing, a new to your company, but not the industry, product.
Beset by overly optimistic bias at their inception : Research has shown that large scale projects are beset by an overly optimistic bias at their inception.
Rapidly growing market segment of very old consumers : Imagine for a moment that you’re in charge of marketing mp3 players to the rapidly growing market segment of very old consumers. What hurdles might you face?
Consequences of each what if situation and who is affected : What are the consequences of each "what if" situation and who is affected? Describe how each of the suggested "what if" challenges could be overcome.
Describe the four elements of the marketing mix : Describe the four elements of the marketing mix. What role does each element play in delivering value to customers?
What are the pros and cons of ethical codes : What are the pros and cons of ethical codes. Why is consumer behavior important?
Describing behavior about consumer market : Clip a news article illustrating or describing a behavior about a consumer market. Write a 1 page essay describing the pertinent market's behavior.

Reviews

Write a Review

Operation Management Questions & Answers

  Formulate as an lp problem

Formulate as an LP problem and Solve the problem and what is the difficulty with the answer - I. Kruger Paint and Wallpaper Store

  Discuss how the social institutions and their basic forms

Discuss how the social institutions and their basic forms could help you as the Vice President of International Operations in a Fortune 500 company to choose which target country in which to establish your subsidiary.

  Behavior-based control system-achieves incorrect conduct

Identify a case in which a company uses an BEHAVIOR-BASED control system and achieves incorrect conduct from its managers and correct conduct from its employees, as well as good consequences for the managers and bad consequences for the employees.

  What caused the production delays and cost miscalculations

What caused the production delays and cost miscalculations? How should Hydrosub’s staff have prepared for negotiations with suppliers on this contract?

  Organization launches a program to recruit volunteers

When an organization launches a program to recruit volunteers,and that their assignment involves doing real work that is central to the program of the nonprofit

  Evaluate the extent to which your group leader has addressed

To what extent do the model(s) or paradigm(s) present a clear set of measures for assessing leadership and determining group or organizational outcomes? What suggestions do you have for enhancing assessment metrics?

  Illustrate what is the expected weekly output of cranks

the industry expects to achieve an efficiency level for the cranks of 85percent. Illustrate what is the expected weekly o/p of cranks for this company.

  What type of compensation policy

What type of compensation policy would you expect to observe in a industry where technology changes are few and far between? Explain

  What is the average time a unit spends at this workstation

A manufacturer's average work-in-process inventory for a certain part is 1,000 units. The workstation produces this part at the rate of 20 units per day.

  What is required to meet stakeholder expectations

Define and discuss the project, and include what is required to meet stakeholder expectations.

  Spreadsheet model to calculate net present value of profit

Develop a spreadsheet model to calculate the net present value of profit over a 3-year period, assuming a 4% discount rate.

  Operations strategies to fit dynamic-unpredictable economies

In Today's turbulent markets, international companies strive to dynamically change their operations strategies to fit the dynamic and unpredictable economies.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd