The new product development process usually starts with

Correct Answer: All those activities which have been planned out by the marketing department must be tried out in the market several times in order to be able to conclude if such activities are worthwhile or not Such activities may be repeated several times over a period say six months or a year in order to be able to decide whether to stick to them or replace them with other better alternatives Monitoring and controlling the marketing activities entails keeping proper records of the various activities and tracking them time and again particularly when it comes to the media, when to promote the product, cost factor, reach or the number of persons towards whom the promotions have been targeted, responses generated, sales generation and return on sales

Correct Answer: Online marketing is the exchange of products and services between the buyers and sellers on the internetIt is also known as e-marketing or internet marketing or online advertising It may take the form of : aB2C where the products are sold directly to the customers bB2B where trading networks or auction sites maybe used to reach out to the new customers and serve the existing one cC2C where one customer may further sell the product to another customer Examples of online marketing may include banner ads, blogs, social network advertisement

Correct Answer: All of the above

Explanation:

A firm maximizes profit by operating where marginal revenue equals marginal cost. They use less of an input in producing more products to increse their profits.

Correct Answer: productivity goals

Explanation:

In general, we know that Effective teamwork yields high productivity which is a good indications of positive productivity goals.

Correct Answer: In manufacturing group, software that can be useful for Material Management and Manufacturing ERP Some of the organizations that provide the manufacturing software solution are Oracle ERP system, sap etc

Correct Answer: Kotak Mahindra Bank

Correct Answer: Philosophy that stresses customer value and satisfaction

Correct Answer: Niche Marketing

Correct Answer: A Product Roadmap is a plan that matches short-term and long-term business goals with specific technology solutions to help meet those goals It is a high-level visual summary that maps out the vision and direction of your product offering over time 1 A product roadmap communicates the why and what behind what you're building 2 It's a guiding strategic document as well as a plan for executing the strategy 3 Roadmapping is the exercise of building a product roadmap Roadmaps can apply to new products or services or existing offerings

Correct Answer: The Sales Order is a confirmation document sent to the customers before delivering the goods or services Sales Order (SO) can be created once the quote is accepted by your prospective customer and the Purchase Order (PO) is sent by the customer for further processing