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erik [133]
4 years ago
10

In product modification, three conditions must be met to improve a firm's product mix: the product must be modifiable, customers

must be able to perceive that a modification has been made, anda) modification should make the product more consistent with customers' desires.b) competing companies should not be aware of planned product modifications.c) modification should change customers' desires to provide greater satisfaction.d) management must perceive the modification as a reasonable and necessary action.e) production costs and materials needed should be limited.
Business
1 answer:
sesenic [268]4 years ago
6 0

Option A, The modification would make products more consistent with the expectations of the consumer.

<u>Explanation: </u>

The process to change the current products according to customer requirements is product modification.

Each material has external characteristics such as volume, form, texture, color, etc. and internal effects such as strength, toughness and other characteristics.

The transition in the existing product is referred to as product modification as per customer requirements. It may change the interior or external appearance of the property.

For Example, Mobile is a perfect example of recognizing product changes. Compare the app which started a year ago with the new mobile devices.

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In 2016 Whitney's Cafe had a total revenue of $136,900. In 2017 Whitney's Cafe had a total revenue of $175,200. Complete the fol
Alexeev081 [22]

Answer:

1.28 times

Explanation:

How many times as large the revenue generated in 2017 is compared to that of 2016 can be derived from the division of the revenues for both years.

Given that the total revenue for 2017 is $175,200 and that for 2016 is $136,900

The number of times 2017 revenue is as large as that of 2016

= $175,200/$136,900

= 1.28 times

4 0
4 years ago
A company wants to identify which of two production methods has the smaller completion time. One sample of workers is randomly s
Marina CMI [18]

Answer:

A. Matched Samples

Explanation:

Matched samples is a situation whereby participants are paired, sharing every other characteristics except the one under investigation. The idea behind this is to have more control over unwanted variables. In this case, the study is measuring two production methods and in order to control the unwanted variable and leave only the characteristic or variable under investigation which is the production method, the two method is carried out by the same workers each.

6 0
4 years ago
Penny's candies is showing a p/e ratio of 1.32, while donna's confections has a p/e ratio of 6.7. what is the general mood of in
Whitepunk [10]

Investors at Penny's candies have low expectations from the company since it has a very low P/E ratio. Either the company is not performing well or investors have discounted some bad news in future cash flows.

Whereas Donna's confections has a P/E of 6.7 which is much better than that of Penny's. So here the company is performing well and investors are positive on future good news and they expect the cash flows to improve and hence the stock rules at a higher P/E ratio

3 0
3 years ago
A ________ consists of selecting a segment of the market as the company's target market and designing the proper "mix" of produc
Fofino [41]

Answer:

marketing strategy

Explanation:

Based on the scenario being described within the question it can be said that the term that is being described is known as a marketing strategy. like mentioned in the question this is a business's overall game plan which they have designed in order to reach their target market and turn them into consumers of their products so that the company may increase profits. This is done by using many different factors such as price, promotion, and distribution system etc.

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True or False
Ilya [14]
False lolllll I have to write more
6 0
3 years ago
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