Why are generic pharmaceuticals significantly cheaper than name brand ones?

Q: Select a product you are familiar with. Based on your knowledge of the product life cycle, what…

A: Product life cycle or PLC - It is the process through which a product goes on from its introduction…

Q: How can observations and experiments help organizations develop new products and services that meet…

A: Forecasting is the process of making assumptions of future events based on past and present…

Q: What do these products have in common? What are two substances that make them potentially harmful?…

A: The things which are common in these products and the substances which make them potentially harmful…

Q: Cost-plus pricing will cause a leftward shift in the supply curve for health care. T OF F

A: Pricing is a complex subject and having the correct pricing strategy can make or break a business.…

Q: what is the Competitive pricing and Quality of vaseline intensive care body lotion?

A: Given its target market of low to moderate-income people, Vaseline is reasonably priced. Vaseline…

Q: How a product-deletion program can improve a firm’s performance?

A: Product-deletion program refers to the process of deleting a particular product or a complete…

Q: Why is brand equity so important to companies?

A: Challenges associated with the brand equity: 1. It's difficult to engage with clients in a market…

Q: What is the product life cycle of DLSU and explain why?

A: Product life cycle is basically managing the entire life cycle of the product starting from its…

Q: Why Do Products Fail?

A: Product is said as items sold for giving utility and value to customers in the market. Product is…

Q: Give examples of existing products that you think are in (a) growth; (b) maturity; (c) decline stage…

A: The Product life cycle is considered the same as a human life cycle. Like the human lifecycle, the…

Q: Is there something unique or distinctive about the product or service that separates it from…

A: The value proposition is the solution offered by the company on the customer's problem. For this,…

Q: What are points of difference and why are they important?

A: There are different organizations and industries that are active these days. There are different…

Q: What steps can a company take to expose customers to its brand?

A: Introduction : In order to give a generic item a personality that will help it stand out in the…

Q: Which obstacles do manufacturers face when it comes to cost control and cost reduction?

A: Cost control and cost reduction can be broadly defined as a process where the expenses are reduced…

Q: What different strategies do firms use to extend the life cycles of their products throughout the…

A: The product life cycle gives the marketers an understanding of the stages of the product through…

Q: fferentiation by Price, Promotion and Place usually are quite short term and can be copied by…

A: Yes completely agreed to the above points because Product differentiation methodologies are the…

Q: Describe a soft drink brand you are familiar with (Coca-Cola, Fanta Orange, 7Up, Mountain Dew, etc.)…

A: The meaning of product goes beyond the actual product itself. The product benefits the customer in…

Q: What are the conditions that a product undergoes to be effective?

A: Product is a tangible tool which is used by customers to achieve their desired goals. It is created…

Q: What is CAD?

A: It is design software used by many professionals such as architects, engineers, drafters, artists,…

Q: What are the advantages of having high-quality products ?

A: Quality is an important point to consider for every business. When a customer is given the option of…

Q: If we don't initially get to know our consumers, how can we begin usability engineering?

A: Usability engineering is a field of study that aims at improvement of the usability of interactive…

Q: How might a company establish a brand identity in the marketplace?

A: The terms "emblem" and emblem" are frequently used interchangeably. But aleven though a emblem may…

Q: Why are generic pharmaceuticals way cheaper than name brand ones?

A: Generic pharmaceuticals are described as drugs that are similar to the branded in the form of…

Q: Consider two products with the same cost but different margins. Which product should have higher…

A: If the products are having same cost but different level of margins the, the product having higher…

Q: Is there a way to ensure product quality throughout the whole supply chain?

A: It is indeed a supply chain item that is responsible for ensuring the quality of goods or services.…

Q: What are the benefits of successful new products?

A: You must balance the necessity and difficulty of new product development as a company to maintain…

Q: Describe the relationship among prevention costs, appraisal costs, and failure costs. Where should a…

A: Definitions: Preventive costs: - The costs that are incurred to the company or the supplier to…

Q: Despite the presence of a written code of ethics, why are some marketing ethical problems hard to…

A: From the viewpoint of literature, the term “ethics” used to refer to a set of moral norms,…

Q: Who are the main partners in cosmetic products?

A: Beauty and cosmetics companies expand their business through partnerships. The cosmetics companies…

Q: Why is product development a cross-functional activity—involving finance, engineering,…

A: Business processes play a vital role in the efficient functioning of the organization. Business…

Q: How does a Blue Ocean Company succeed in creating cost effective products for consumers?

A: A blue ocean company refers to a company that introduces new products in the market to beat the…

Q: What is the core product, augmented product and total product sold at a University? How does this…

A: The renowned Economist Philip Kotler created the Five Product Levels model in the 1960s. It offers a…

Q: From a marketing perspective, why do Rent the Runway and other rental companies offer a discount to…

A: The discounts are figured out by the sellers by multiplying the discount percentage with the initial…

Q: airline companies customer-oriented or product-oriented and why  ?

A: Customer orientation and product orientation at two different approaches the chair used by the…

Q: . Please provide a brief overview of the Marketing Mix for liquid hand soap. This should be a…

A: Ans. Introduction   Marketing mix is a very important tool for implementation of a good marketing…

Q: How will the organization differentiate its products and/or services from competitors’?

A: Companies must differentiate their products or services to get a competitive edge in the market.…

Q: Briefly explain the importance/ contribution of brand management in health care services.

A: Brand Management refers to the activity which marketers of wherein they take the responsibility of…