Product standardization Definition : Product standardization in business is the process of developing same product for multiple countries. Advantages: The main advantage of product standardization is cost saving. Cost reduction will give economies of scale. Since you are making large quantities or the same‚ non-adapted product - you benefit from the advantages associated with manufacturing in bulk. For example‚ components can be bought in large quantity which reduces the cost-per-unit. These
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high society. However‚ Eliza has such a thick accent that she has to practice for a very long time and have many lessons of pronunciation. Although Professor Higgins’ attitude is bad‚ he still teaches Eliza the correct pronunciation and manners like a fair maiden earnestly. Throughout a long progress of strict learning‚ Eliza makes little progress and finally she gets it‚ speaking with an impeccable upper-class accent. Then‚ Professor Higgins brings Eliza to Ascot Racecourse to meet some upper-class
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A company’s product line consists of a set of products that relates to one another; for example‚ a line of breakfast cereals. The product mix combines several product lines. A company may sell a line of breakfast cereals‚ a line of laundry detergents and a line of household cleaners. Building and managing a profitable product mix can give a company a large market share and create multiple income sources. Sponsored Link Show your ad here Rs.2000 credit and 30 day support Advertise Now!www.Google
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your product‚ identify the proper target market and positioning the product to create maximum profits. The most important of STP marketing is determining exactly what benefits your product offers and who will benefit most from using it. STP is important for marketer to create a competitive advantage and marketing plan designed specifically for the customers who will be most likely to buy the product. The STP process allows marketer to identify the correct segment to market the product and
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Is the Court System Fair? Lynette Price CJA-224 9/03/2012 Professor John Pierce Throughout generations‚ the public joke of how attorneys are like sharks‚ they “circle around their prey before they head in for the kill” has been proven through ruthlessness and relentlessness to acquire and win a court case‚ especially if the possible case is high-profile (a Hollywood star‚ a nationally known football player‚ singer‚ a television show icon and etc.) The stigma of working in one of the top
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marketing can cause a product to fail? [Tata Nano Case Study] by DR VIKRAM VENKATESWARAN on MAY 30‚ 2012 | * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- 6 inShare * ------------------------------------------------- I have discussed in the past many good examples of marketing helped a product to succeed. Apple
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My Fair Lady My Fair Lady is a 1964 musical film adaptation of the Lerner and Loewe stage musical‚ My Fair Lady‚ based on the film adaptation of the stage play Pygmalion by George Bernard Shaw. The ending and the ballroom scene are from the 1938 film Pygmalion rather than Shaw’s original stage play. The film was directed by George Cukor and stars Audrey Hepburn and Rex Harrison. The film won eight Academy Awards‚ including Best Picture‚ Best Actor‚ and Best Director. Plot In Edwardian London
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I. Science Fair Question Can you build a motion-activated guard robot and adjust its behavior to avoid false alarms? II. Background Research Do you ever wish you could hire someone to guard your favorite things? This research paper is going to talk about‚ how robots work. Terms that will be discussed in this paper will include Infrared (IR) light‚ electromagnetic radiation‚ electromagnetic spectrum‚ and sensors. Infrared radiation light is simply electromagnetic radiation with longer wavelengths
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At only three pages in length‚ the ancient Irish tale‚ “The Adventures of Connla the Fair‚” presents its readers with a seemingly straightforward account. Here‚ a king’s son defies his father’s wishes by abandoning his homeland alongside a beautiful woman. However‚ as the story’s introduction in Ancient Irish Tales warns‚ focusing merely on the surface story leaves readers in “danger of mistaking the economy and terseness of this story for barrenness of imagination” (Cross and Slover‚ 488). Upon
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me is right or wrong.""Ethics has to do with my religious beliefs.""Being ethical is doing what the law requires.""Ethics consists of the standards of behavior our society accepts.""I don’t know what the word means." The meaning of "ethics" is hard to pin down‚ and the views many people have about ethics are shaky. Like Baumhart’s first respondent‚ many people tend to equate ethics with their feelings. But being ethical is clearly not a matter of following one’s feelings. A person following his
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