Why is function the key to product success?

Solutions

Expert Solution

Functions and actions are both the key to product success if a person determined his functions and rightly implement them he shall achieve success.

Only determining the functions does not achieve success rightly understanding the market structure the need of the product the advertisement are the functions.

The demand of the product the market structure the advertisement is determined by the past experiences and different information available.

After determining the functions the hard work towards the market analysis reading the minds of people transportation of the raw materials is done.

1. Knowing the demand of the product as soon as a company knows that a particular demand of a product has increased it has market scope and profitability in future it shall put it hands in that business.

2. Proper advertisement proper advertisement is necessary when the product is new when the company is new in the market even if it is old the product is needed to be marketed.

Proper functioning marketing transportation and the final availability to consumers need to be done in order to achieve success

jeff jeffy answered 1 year ago

Next > < Previous

Related Solutions

What is the key to product success form or function?

. Why are budgets, schedules, and key success factors essential to operations control and evaluation?

• What are the Key Ingredients in Taiwan’s Development Success? •What are the Key Ingredients in...

• What are the Key Ingredients in Taiwan’s Development Success? •What are the Key Ingredients in South Korea’s Successful Entry into World Markets? •What lessons learned from their experiences should other developing countries seek to apply in today’s global economic environment?

What are KEY SUCCESS FACTORS of Sony Global

What are the key make or buy success factors?

CP Foods group is one of success company, what of key success factors in terms of...

CP Foods group is one of success company, what of key success factors in terms of marketing particularly supply Chain and Value delivery network

What key factors may determine the success of Airbnb?

Are the traditional measures of economic success a good way to measure economic success?Why? Why not?...

Are the traditional measures of economic success a good way to measure economic success?Why? Why not? What important measures of societal wellbeing are not accounted for in traditional measures of economic success? Identify what you believe the new global sustainable economic goals should include

summaries the following in your own words : Key Success Factors and Current Industry Prospects: Key...

summaries the following in your own words : Key Success Factors and Current Industry Prospects: Key Success Factors Key success factors (KSFs) are the competitive factors in the marketplace that affect an industry member’s ability to survive and prosper – along with the elements, product attributes, operational approaches, and competitive capabilities that determine profit and loss (Thompson, 2012). It is important for a business to understand what these key factors are and monitor them accordingly or else they run the...

Understanding and properly utilizing debt is not only a key to success in business, it is...

Understanding and properly utilizing debt is not only a key to success in business, it is a key to success in life. Debt, also referred to as leverage, can be both a valuable tool and a recipe for disaster. Describe scenarios with both a proper use of debt and an inproper use of debt. Please be specific as well as realistic. Don’t describe a scenario that wouldn’t be possible in today’s environment (in other words, the days of no doc...

Subjects