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Why is the quality level of a product an important product/service management decision?
Because competitors have entered the market
To make changes in order to extend a product's life cycle
It reflects the image of the business.
Eliminating products that are slow sellers
cause packaging.
Use of environmentally friendly packaging
Mass customization
Product liability
What is a technologically advanced method that allows businesses to produce products that are specialized for a very few customers?
Because competitors have entered the market
To make changes in order to extend a product's life cycle
It reflects the image of the business.
Eliminating products that are slow sellers
cause packaging.
Use of environmentally friendly packaging
Mass customization
Product liability
What is an example of an ethical issue that a product/service manager might face?
Because competitors have entered the market
To make changes in order to extend a product's life cycle
It reflects the image of the business.
Eliminating products that are slow sellers
cause packaging.
Use of environmentally friendly packaging
Mass customization
Product liability
Why should a business continue to monitor an established product?
Because competitors have entered the market
To make changes in order to extend a product's life cycle
It reflects the image of the business.
Eliminating products that are slow sellers
cause packaging.
Use of environmentally friendly packaging
Mass customization
Product liability
When a company uses its product wrapping to promote the preservation of an endangered animal species, it is engaging in an ethical practice called
Because competitors have entered the market
To make changes in order to extend a product's life cycle
It reflects the image of the business.
Eliminating products that are slow sellers
cause packaging.
Use of environmentally friendly packaging
Mass customization
Product liability
Harrison Stroller Company manufactures baby strollers. The business launched a new stroller line in hopes of increasing its market share. The new model featured neon, plastic, musical toys on the front bar of the stroller. By the middle of the fir
Because competitors have entered the market
To make changes in order to extend a product's life cycle
It reflects the image of the business.
Eliminating products that are slow sellers
cause packaging.
Use of environmentally friendly packaging
Mass customization
Product liability
Why might profits sometimes decline for the company that first introducted the product during the growth stage of a product's life cycle?
Because competitors have entered the market
To make changes in order to extend a product's life cycle
It reflects the image of the business.
Eliminating products that are slow sellers
cause packaging.
Use of environmentally friendly packaging
Mass customization
Product liability
Which activity is addressed in the product/service management function?
Because competitors have entered the market
To make changes in order to extend a product's life cycle
It reflects the image of the business.
Eliminating products that are slow sellers
cause packaging.
Use of environmentally friendly packaging
Mass customization
Product liability
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