Sunday, May 12, 2019
Marketing paper Essay Example | Topics and Well Written Essays - 250 words
Marketing penning - Essay ExampleNew output development under the brand name Apple, takes creativity, innovation and engineering as the design forces and variables that are accounted for in developing new carrefours. Creativity encompasses ensuring that the product being highly-developed will capture the markets interest. In this pursuit, the product features that lacks in the already available products should be critically considered. This is tailored towards revolutionizing the market setting in terms of consumer expectations.Innovation and technological advancement is the product design that stands out relative to what other firms are offering. Innovation treats all aspects of product takings, meaning that the factors of production are all effectively combined in a way that outperforms substitute products in the market. In other words, innovation is a critical component of new product development. Technological advancement is besides an ongoing process. Keeping at par with te chnological progress makes it essential that new products be combine into technological pursuits. When creativity, innovation and technological progress are combined into the development of a new product (Grant 247), the resultant product is highly likely to take the market at a storm former to favorable pricing and improved product
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