Question

do small companies that manufacture only a small handful of products need to be concerned with...

do small companies that manufacture only a small handful of products need to be concerned with product positioning? discuss.....

Business   Operations-Management   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Yes, small companies that manufacture only a small handful of products need to be concerned with product positioning. As, they have to sell all their products and should give equal focus on all the products they manufacture and can’t position specific product as the major one. Plus, the product positioning by small companies are usually weaker in comparison to the larger companies who manufacture similar products, which is one of the biggest reasons for small companies to be concerned with product positioning.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Suppose that courts begin imposing higher fines on appliance companies that manufacture products that occasionally malfunction...
Suppose that courts begin imposing higher fines on appliance companies that manufacture products that occasionally malfunction and harm consumers. Appliance companies can make expenditures that decrease the likelihood of malfunctioning. Does the change in the court’s behavior change the expected marginal benefit of avoiding an accident or the marginal cost of avoiding an accident? What happens to the rate of product malfunctions?
For companies that manufacture several products that use different proportions of manufacturing overhead resources, why does...
For companies that manufacture several products that use different proportions of manufacturing overhead resources, why does the use of activity based costing provide more reliable product cost information for management decision-making than would traditional costing system that uses a single cost driver to allocate all manufacturing overhead activities/resources?
You are advising the stakeholders of a small firm that is one of a handful of...
You are advising the stakeholders of a small firm that is one of a handful of manufacturers of disposable contact lenses, wetting solution and other products related to eye care. The stakeholders are wrestling with a proposal to implement a price increase for some, all, or a large number of their products. They all agree that doing so can help offset recent cost increases the firm has experienced, but there the agreement ends. Some favor a small price increase for...
1. Why do credit card companies typically require small minimum payment amounts on their customers’ monthly...
1. Why do credit card companies typically require small minimum payment amounts on their customers’ monthly credit card statements. a. Credit card companies are concerned that their customers will be put in financial distress if required to make higher payments. b. Credit card companies want to promote faster repayment, and customers will be encouraged to pay more each month if they’re able to pay well beyond the minimum. c. Credit card companies want to increase profits by promoting slower repayment,...
Many feel that companies have a social responsibility not to sell products that can be harmful...
Many feel that companies have a social responsibility not to sell products that can be harmful to consumers. For example: Should McDonald’s stop selling Big Macs because some customers do not control their diets and become obese from fast food? The same argument can be made for numerous products on the market. -Choose any product in your local market that you consider harmful to consumer. -Discuss how decision makers must adopt policies that take into account the social consequences of...
BPA is a chemical compound that has historically been used in the manufacture of plastic products....
BPA is a chemical compound that has historically been used in the manufacture of plastic products. However, cells often mistake BPA compounds for hormones that accelerate the cell cycle. Because of this, BPA is associated with an increased risk of certain cancers. How might BPA interact with the cell cycle and its checkpoints? Why do you think that very small concentrations of BPA might have a large effect on the cell?
Two major computer companies manufacture and sell computer accessories. The prices of 5 randomly selected accessories...
Two major computer companies manufacture and sell computer accessories. The prices of 5 randomly selected accessories are listed below: Computer Accessory Price Data Computer Accessory Macrohard Price ($) Pear Computer Price ($) keyboard 69.68 60.29 mouse 47.96 34.8 speaker 118.72 115.32 modem 118.89 108.54 monitor 431.00 411.19 The quality of the computer accessories for both companies are practically the same because both companies purchase the parts from the same wholesaler. Since the market for these accessories is very competitive, the...
Read about some cases of companies that have reshored their products. what did they do and...
Read about some cases of companies that have reshored their products. what did they do and why did they reshore? reshorenow . org
Discussion Posts Do Small Errors Need to be Reported? Do Small Errors Need to be Reported?...
Discussion Posts Do Small Errors Need to be Reported? Do Small Errors Need to be Reported? Previous Next Financial Reporting: Do Small Errors Need to be Reported? Ben is a recent Santa Clara University graduate who has just started his first job in the finance department of a publicly traded Silicon Valley company. One of his main responsibilities is to create and distribute extensive Microsoft Excel reports that analyze costs and revenues for different divisions. Ben sends completed reports to...
1. Three questions about early stage corporate finance: a. Why do very small companies tend to...
1. Three questions about early stage corporate finance: a. Why do very small companies tend to raise money fromprivate investors instead of through an IPO? b. Why do small, young companies as they grow oftenprefer an IPO to borrowing from a bank or issuing bonds? c. Who has better information about whether a small firm islikely to earn profits, a venture capitalist or a potentialbondholder, and why?
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT