The new product development approach is intuit using the customer-centered new product development. It is defined as when the companies directly engage their customers. They will go out to the customer and ask questions and receive customer opinions. Chang Wook goes out to job sites and talks to workers. This approach has twice the return on assets and triples the growth than if you didn’t do the research
Answer:
Benefit statement
Explanation:
A benefit statement is a statement that clearly and concisely communicates the benefits of a particular product or service.
Benefit statement helps to access your customer's emotions and sway them into buying your product.
Steps to be followed to write out an excellent benefit statement include:
1) Make your statement short and straight to the point.
2) Make your benefits measurable.
3) Critically emphasize on what you are selling.
4) Describe your competitive values.
Answer:
- How to best segment the ready-made dinner market.
Answer:
$21
Explanation:
The earning per share of Rose Co. is $1.40
The benchmark PE of the organization is 15
We are required to find which stock price would be most appropriate
Therefore, the stock price can be calculated as follows
Stock price= Benchmark PE×Earning per share
= $1.40×15
= $21
Hence the stock price that would be considered appropriate is $21
