ENT410 Email: bbcnoun@gmail.com Whatsapp: 08131667008 ENT410 in general, refers to how a given objective will be achieved. Answer: strategy The process of a productVs style and function concerns creating that is attractive, easy, safe, and inexpensive to use and service. It should also be simple and economical to produce and distribu Answer: designing A is a name, term, sign, symbol or design, or a combination of these, which is intended to identify the products or services of one seller or group of sellers and to differentiate them from those of compet Answer: brand are those consumer products with unique characteristics or brand identification for which or significant group of buyers is willing to make a special purchase effort Answer: specialty product top management encourages individuals and teams to develop and champion proposals for new product lines and new business ventures. Answer: corporate intrapreneur approach Demand is determined by Answer: all of the above are those products and services for which the probable gain from making price and quality comparisons is thought to be small relative to the value of the customer is time and efforts Answer: convenience products Factors Affecting Competitive Industry Answer: all of the above is a continuous ongoing process and extends companywide over a diversified companyâ€~s business Answer: corporate strategy are consumer products that the consumer either does not know about or knows about, but does not normally think of buying. Answer: unsought products defined as anything offered for sale for the purpose of satisfying a need or want on both sides of the exchange process. Answer: product has to do with the activities of designing and producing the container or wrapper for a product Answer: packaging is a brand or part of a brand that is given legal protection because it is capable of exclusive appropriation Answer: trademark is one of the marketing manager's strategies of placing the product in the mind of the prospect or the consumer (i.e. positioning). Answer: quality are those for which the probable gain from making price, style, suitability and quality comparisons is thought to be large relative to the time and effort needed to shop properly for these products Answer: shopping products are products which custome typically do not seek, they are often purchased with little planning or search Answer: impulse products purchased only when the need is urgent, and are thus purchased less frequently Answer: emergency products It is the approach taken by a functional area to achieve corporate and business unit objectives and strategies by maximizing resource productivity Answer: functional strategy defines the markets and the businesses in which a company will operate Answer: corporate strategy approach A single person – the owner or CEO –assumes the role of chief strategist and chief entrepreneur, single handedly shaping most or all of the major pieces of strategy Answer: chief architect Email: bbcnoun@gmail.com Whatsapp: 08131667008