Question

Give an example of a consumer product with which you are familiar that, through recent redesign,...

Give an example of a consumer product with which you are familiar that, through recent redesign, seems to be a greater value (a better ratio of utility to apparent cost).

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

Homework Answers

Answer #1

The example would be the Adidas sneakers. The company had very bad design and they always looked out of fashion two years back. The company redesigned the products and they released the products again in the market. The sneakers look amazing now and are attracting customers. The material used to make the sneakers is also of great quality now and very comfortable to wear. They have used the latest technology that makes the sneakers which have improved the longevity as well. The utility factor of the product has improved significantly with fewer apparent costs involved. So the company has made the right move and it helping them again in attracting customers as they are offering greater value to the money paid by the customers.

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
Give an example of a consumer product with which you are familiar that, through recent redesign,...
Give an example of a consumer product with which you are familiar that, through recent redesign, seems to be a greater value (a better ratio of utility to apparent cost).
Select a consumer product that you are familiar with (stereo, automobile, food product, etc.). List and...
Select a consumer product that you are familiar with (stereo, automobile, food product, etc.). List and briefly describe all the engineering disciplines involved in producing the product. *Please don't use cellphone or something extremely common*.
give an example of consumer product that is produced using supercritical fluid technology. What is the...
give an example of consumer product that is produced using supercritical fluid technology. What is the substance, and what component is extracted from it?
Give an example of some consumer surplus you have received this month. Then illustrate that consumer...
Give an example of some consumer surplus you have received this month. Then illustrate that consumer surplus in a diagram.
1) Regarding the notion of customer Value. Give a personal example of a product or service...
1) Regarding the notion of customer Value. Give a personal example of a product or service that you purchased (or are considering purchasing) where you perceive high value. Justify why you perceive value to be high. Provide another example where you found the value to be low. Justify why. 2) Regarding how a company integrates multiple tools (e.g., advertising, personal selling, sales promotion, direct marketing, etc.) in promoting their product, service, or brand. Give a personal example of a marketing...
Give an example of a purchase occasion when you chose NOT to buy a product at...
Give an example of a purchase occasion when you chose NOT to buy a product at a particular outlet because the service output levels were inappropriate. Then, indentify whether the demand gap was in the provision of too low a level or too high a level of service outputs. What did you do instead? Buy at another outlet with better service output provision? Do you know people who would be happy to buy from the outlet you rejected? Why would...
First, give an example of a product or service that you purchased in the last year...
First, give an example of a product or service that you purchased in the last year for which your demand is relatively inelastic. You should explain what factors influenced why your demand for the selected product or service was inelastic. Be as specific as possible in your explanation. You may wish to review the factors influencing the elasticity of demand for a product to assist you in your explanations. Second, give an example of a product or service that you...
identify a multinational enterprise (MNE) that produces a product you are familiar with (automobile, laundry soap,...
identify a multinational enterprise (MNE) that produces a product you are familiar with (automobile, laundry soap, etc.). Look at that company/product through the lens of the value chain activities to determine how it creates value within one or more of those activities. Create an initial posting (by 6pm EDT Saturday) that explains those activities' contributions to the value of your selected product. Be specific, and show evidence of your understanding of the chapter content. Make a response posting to another...
Give an example of a recent printed ad or commercial that you feel is unethical and...
Give an example of a recent printed ad or commercial that you feel is unethical and why you think so. Please provide copy of printed ad or link to video advertisement. All work must be cited and must be 300-500 words.
Give an example of a Tangible and Intangible product that you would use in your nonprofit...
Give an example of a Tangible and Intangible product that you would use in your nonprofit organization?
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT