Answer:
This simply implies an increase in the demand of Stand Up Paddle boards at each price of SUPs and an increase in the demand would mean a rightward shift in the demand curve for stand up paddle boards. Usually a rightward shift in the demand curve is caused by a couple of factors such as a increase is income, a fall in price of a complement product, or increase in the price of another product that can be used as a substitute.
Explanation:
Answer:
The buyer will win, if the court finds that the $8,000 reduction in price is a fair reflection of the title defect.
Explanation:
Answer:
Idea generation.
Explanation:
The new product development process is a process of taking a product to the market. It is a part of product design. The process continues till the life cycle of product is over.
There are several stages of the new product development.
The stage in which the Apple company is, in the given scenario, is idea generation.
Idea generation is the first stage of the new product development. In this stage, the company seeks for ideas for creating or developing new products.
Therefore, idea generation is the correct answer.
The answer is: Social networks and related tools
Social media and other related tools allow the companies to provide information regarding their products to a wide variety of consumers segmentation with relatively cheaper price. Due to the low barrier of entry, small businesses often find easier success in marketing through these mediums rather than using traditional media.
