Commoditization Study guides, Class notes & Summaries

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MAN 320F Exam 2 (Accurate 100%)
  • MAN 320F Exam 2 (Accurate 100%)

  • Exam (elaborations) • 13 pages • 2024
  • What is the blue ocean strategy correct answers go where the profits and growth are and where the competition isn't Technology and Globation correct answers -info on products and prices will be immediately available -meaning accelerated commoditization (when brands become more similar, people buy on price) -Therefore, niche markets and monopolies quickly dissapear Products and services introduced recently correct answers -Iphone in 2007 (1 billion units have been sold) -Ipad in 2008 (4...
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MKT 701 - LSUS Exam 1 Questions & Answers 2023/2024
  • MKT 701 - LSUS Exam 1 Questions & Answers 2023/2024

  • Exam (elaborations) • 10 pages • 2023
  • MKT 701 - LSUS Exam 1 Questions & Answers 2023/2024 What is commoditization? - ANSWER-The result of mature markets where goods and services lack any real means of differentiation. What are challenges and opportunities in today's economy? - ANSWER-•Power shift to customers •Massive increase in product selection •Audience & media fragmentation •Changing value proposition •Shift in demand patterns •Privacy, security, and ethical concerns •Unclear legal jurisdiction S...
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MAN 320F Exam 2 (A+ Graded Already)
  • MAN 320F Exam 2 (A+ Graded Already)

  • Exam (elaborations) • 13 pages • 2024
  • What is the blue ocean strategy correct answers go where the profits and growth are and where the competition isn't Technology and Globation correct answers -info on products and prices will be immediately available -meaning accelerated commoditization (when brands become more similar, people buy on price) -Therefore, niche markets and monopolies quickly dissapear Products and services introduced recently correct answers -Iphone in 2007 (1 billion units have been sold) -Ipad in 2008 (4...
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HFT 1000 Exam 1 (100% Accurate Answers)
  • HFT 1000 Exam 1 (100% Accurate Answers)

  • Exam (elaborations) • 9 pages • 2023
  • According to our textbook, what does "pineapple" stand for? correct answers Symbol of hospitality and a sign of friendliness, warmth, and cheer (p5) What is an experience? correct answers What is service? correct answers All actions and reactions that guests perceive they are purchasing What are the major characteristics of service (e.g., perishability, intangibility, inseperability)? correct answers Perishability: The limited lifetime of hospitality proucts; for example, last night...
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LSUS MKT701 - Minseong Kim - Exam 1 Solved 100% Correct!!
  • LSUS MKT701 - Minseong Kim - Exam 1 Solved 100% Correct!!

  • Exam (elaborations) • 14 pages • 2023
  • LSUS MKT701 - Minseong Kim - Exam 1 Solved 100% Correct!!
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Module 2 - MBA 703 (Sadhya) ALL SOLUTION LATEST EDITION 2024 GUARANTEED GRADE A+
  • Module 2 - MBA 703 (Sadhya) ALL SOLUTION LATEST EDITION 2024 GUARANTEED GRADE A+

  • Exam (elaborations) • 11 pages • 2024
  • 5 components of an information system 1. Hardware 2. Software 3. Data 4. Procedures 5. People Examples of hardware desktop computers laptop computers mobile phones tablet computers e-readers storage devices, such as flash drives input devices, such as keyboards, mice, and scanners output devices such as printers and speakers Less traditional, but becoming more computerized: automobiles refrigerators beverage dispensers digital device Devices that processes electronic si...
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  CISA EXAM 1|45 Questions with Verified Answers,100% CORRECT
  • CISA EXAM 1|45 Questions with Verified Answers,100% CORRECT

  • Exam (elaborations) • 34 pages • 2024
  • CISA EXAM 1|45 Questions with Verified Answers 1. An IS auditor should expect which of the following items to be included in the request for proposal (RFP) when IS is procuring services from an independent service provider (ISP)? A References from other customers B Service level agreement (SLA) template C Maintenance agreement D Conversion plan - CORRECT ANSWER The answer is A An IS auditor should look for an independent verification that the ISP can perform the tasks being ...
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ExDM Exam 5, Review Questions and  answers, rated A+| Questions with 100% Correct Answers | Verified | Latest Update.
  • ExDM Exam 5, Review Questions and answers, rated A+| Questions with 100% Correct Answers | Verified | Latest Update.

  • Exam (elaborations) • 6 pages • 2024
  • ExDM Exam 5, Review Questions and answers, rated A+ What are the 5 components of an experience? - -1. Planning 2. Anticipation 3. Travel 4. Experience 5. Remembering Commoditization - -Pressure to make things cheaper; prices that might be charged to get the best value; products differentiated only by price ie gas, milk, paper towels Customization - -differentiate product based on something other than price to sell at premium; tailored to one person commodity - -taken from the eart...
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LSUS MKT701 - Minseong Kim - Exam 1
  • LSUS MKT701 - Minseong Kim - Exam 1

  • Exam (elaborations) • 18 pages • 2023
  • QUESTIONS AND ANSWERS
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TEST BANK FOR GLOBAL BUSINESS TODAY 7TH EDITION BY CHARLES W. L. HILL | VERIFIED 2023/2024 TEST BANK FOR GLOBAL BUSINESS TODAY 7TH EDITION BY CHARLES W. L. HILL | VERIFIED 2023/2024
  • TEST BANK FOR GLOBAL BUSINESS TODAY 7TH EDITION BY CHARLES W. L. HILL | VERIFIED 2023/2024

  • Exam (elaborations) • 104 pages • 2023
  • Chapter 01 Globalization True / False Questions 1. Globalization refers to the shift toward a more integrated and interdependent world economy. True False 2. Tastes and preferences of consumers in different nations are beginning to converge on some global norm. True False 3. A company has to be a major multinational corporation to facilitate, and benefit from, the globalization of markets. True False 4. Because of globalization, companies rarely need to customize marketing strategies...
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