What is the most important thing to consider in new product development for a small business? Explain why. Is it necessary to evaluate the new product idea at each stage of the development process? Explain why or why not. You know many of the products that I have bought over the years do not keep … Continue reading Product Development
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Marketing
Within any business there are five stages in which a new product is adopted awareness of the product the consumer must be aware of the product that the business is marketing. Interest in the product the consumer must have an interest in the product for them to buy it. Evaluation some businesses will use this … Continue reading Marketing
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Dow Jones
Why is the Dow Jones Average an index? How does the Dow Jones relate to the Nikkei index? What is the relationship between an index and the inflation rate? In reading about the Dow Jones which is an index that averages out the performance of 30 stocks within the various markets. Now each one of … Continue reading Dow Jones
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