Explain updating and improving current product line, Business Management

Assignment Help:

Explain about the continually updating and improving the current product line.

Creating a Constant Flow of New Products or Continually Updating & Improving the Current Product Line:

Into a product planning activity, this is clear that existing products and potential products both should be included. This follows that the activity itself must deal along with the proper balance in between old and new products within the product mix.

Product planning is generally linked along with the Market Analysis inputs. The inputs will specify the need for new products or require for new process or updating and improving the current product. By the prediction of ecological, societal, political and technological and/or economic trends that the anticipated requirements can be often determined.


Related Discussions:- Explain updating and improving current product line

.integration of technology, Ask question locate and describe three technolo...

Ask question locate and describe three technological components that are required for data driven decision making. explain hoe each component is relevant to business analytics. des

Systems orientation, PM alone cannot eliminate or drastically reduce break...

PM alone cannot eliminate or drastically reduce breakdowns. Supporting it there should be various steps taken in design development and engineering such that maintenance itself

Managerial economics.., plot the demand schedule and draw the demand curve ...

plot the demand schedule and draw the demand curve for tha data given for marijuana in the case above

Build a simulation model using the distributions, If the waiting time cost ...

If the waiting time cost per hour for a FAST truck is $100 and the waiting time cost per hour for a non-FAST truck is $40. Build the following ARENA models to help you decide which

Evaluating a training programme as suggested by kirk patrick, Question 1: ...

Question 1: Describe the four levels of evaluating a training programme as suggested by Kirk Patrick. Question 2: Using external organizations to train employees can

Illustrates the procedure of job evaluation, Illustrates the procedure of j...

Illustrates the procedure of job evaluation? Procedure of Job Evaluation: The process for job evaluation is as specified below: a. Know the jobs to calculate. b. Sel

Tax differential theory, Tax differential theory: a method of valuing share...

Tax differential theory: a method of valuing shares with constant growth to DI/P0 Xg An investor is faced with 2 investment choices: First choice of shares with market price(po)=Rp

Vie, QUESTION Look back on the past years and think of someone who did ...

QUESTION Look back on the past years and think of someone who did something to motivate you. Use a concrete example to illustrate your answer (a) Describe how this was done

Distinguish between business function and business process, QUESTION 1 ...

QUESTION 1 Enterprise Resource Planning (ERP) programs are software used by companies to manage information in every area of the business. ERP programs help manage company-wide

Case study, List some scientific decision aids that you may prescribe to im...

List some scientific decision aids that you may prescribe to improve the situation.ion

Write Your Message!

Captcha
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