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Product:- introduction, meaning, levels and line decision in hindi
 
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Thank you friends to support me Plz share subscribe and comment on my channel and Connect me through Instagram:- Chanchalb1996 Gmail:- [email protected] Facebook page :- https://m.facebook.com/Only-for-commerce-student-366734273750227/ Unaccademy download link :- https://unacademy.app.link/bfElTw3WcS Unaccademy profile link :- https://unacademy.com/user/chanchalb1996 Telegram link :- https://t.me/joinchat/AAAAAEu9rP9ahCScbT_mMA
Views: 20406 study with chanchal
The Product Mix
 
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Help us learn more about your experience by completing this short survey: https://www.surveymonkey.com/r/RRKS8LZ Subscribe to Alanis Business Academy on YouTube for updates on the latest videos: https://www.youtube.com/alanisbusinessacademy?sub_confirmation=1 The product mix represents the collection of different products that a business offers its customers. With an understanding of the product mix, businesses can develop a strategy to reach their customers by offering the right collections of goods and services. Learn more about the product mix in the latest lecture from Alanis Business Academy. In addition to learning general information about the product mix, you'll also learn how some of the strategy behind widening and narrowing a product mix.
PRODUCT DECISIONS 1 MARKETING MGMT/BUSINESS STUDY
 
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PRODUCT DECISIONS 1 MARKETING MGMT/BUSINESS STUDY. MARKETING MIX 2
Views: 1574 Shashi Aggarwal
Product mix decision in hindi
 
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Thank you friends to support me Plz share subscribe and comment on my channel and Connect me through Instagram:- Chanchalb1996 Gmail:- [email protected] Facebook page :- https://m.facebook.com/Only-for-commerce-student-366734273750227/ Unaccademy download link :- https://unacademy.app.link/bfElTw3WcS Unaccademy profile link :- https://unacademy.com/user/chanchalb1996 Telegram link :- https://t.me/joinchat/AAAAAEu9rP9ahCScbT_mMA
Views: 14697 study with chanchal
The Consumer Buying Process: How Consumers Make Product Purchase Decisions
 
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Help us learn more about your experience by completing this short survey: https://www.surveymonkey.com/r/RRKS8LZ Subscribe to Alanis Business Academy on YouTube for updates on the latest videos: https://www.youtube.com/alanisbusinessacademy?sub_confirmation=1 The consumer buying process is a series of stages that all consumers go through when purchasing a product. The speed in which we--as consumers--venture through this process depends largely on our exposure to the products we're considering as well as the expense of those products. This video is an updated version of a older discussion of the consumer buying process. Although the content is the same, the examples have been revised to provide a more thorough explanation of the process. If you have any questions please post a comment in the comments back and I'll get back to you as soon as I can. Thanks for watching.
Deciding whether to Drop a Product Line
 
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When deciding whether to drop a product line, the only things that should be considered are the contribution margin provided by the product line and the fixed costs that could be avoided by dropping the product line. This is important because fixed costs are sometimes allocated to product lines, which can distort managerial decision-making by creating the appearance that the firm would be more profitable by dropping a product line that may appear unprofitable because it is being allocated fixed costs that would not disappear if the product line were dropped. Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin
Views: 37257 Edspira
Decisions regarding sales mix and discontinuation of product line – practical application (COM)
 
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Subject: Commerce Paper: Accounting for managerial decisions Module: Decisions regarding sales mix and discontinuation of product line – practical application (COM) Content Writer:Dr. Nidhi Dhawan
Views: 822 Vidya-mitra
The Product Mix | Hindi | Marketing topics
 
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Let's Make Your Business Digital With Lapaas. Join Our Most Advanced Digital Marketing Course. That will cover 23 Modules of Business And Digital Marketing like SEO, SEM, Email Marketing, Social Media Marketing, Affiliate Marketing , Digital Identity Creation, blogging, advanced analytics, blogging, video production, Photoshop, business Knowhow, etc To Know More Call +919540065704 or Visit https://lapaas.com/ Lapaas - Best Digital Marketing Institute 455 Shahbad Daulatpur, Delhi-110042 Nearest Metro Station Samaypur Badli Or Rithala Share, Support, Subscribe!!! Youtube: https://www.youtube.com/IntellectualIndies Twitter: https://twitter.com/Intellectualins Facebook: https://www.facebook.com/IntellectualIndies Facebook Myself: https://www.facebook.com/princesahilkhanna Instagram: https://www.instagram.com/intellectualindies/ Website: sahilkhanna.in About : Intellectual Indies is a YouTube Channel, Intellectual Indies is all about improving Mentally, Emotionally, Psychologically, Spiritually & Physically. #Marketing #Marketing101 #GrowBusiness
Views: 55406 Intellectual Indies
The Consumer Buying Process: How Consumers Make Product Purchase Decisions
 
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Help us learn more about your experience by completing this short survey: https://www.surveymonkey.com/r/RRKS8LZ Subscribe to Alanis Business Academy on YouTube for updates on the latest videos: https://www.youtube.com/alanisbusinessacademy?sub_confirmation=1 The consumer buying process consists of a series of stages that we--as consumers--go through when purchasing a product of service. In this video, I'll explain the steps of the consumer buying process, and I'll explain how companies tailor their promotional efforts as consumers occupy different stages of the prices.
2500.40 Product Mix Decision
 
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To produce more of one product or another product, question about product mix, analyzed through contribution margin and bottle neck or constraint such as limited machine hours
Short-Term Business Decision Making: Product Mix - Example
 
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Short-Term Business Decisions: Product Mix - Example
8.4 Product Mix Decisions
 
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Product Mix Decisions
Views: 9809 Dee Amaradasa
Got Value? Making Product Decisions with a Practical, Sustainable Value Model
 
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Mary Gorman explore the business value model—a lightweight framework for collaboratively and continually identifying stakeholder values and making value-based decisions on what to build, and when.
Views: 365 EBGConsulting
Modified Product Layout and Assembly Line Balancing Example
 
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Product Layout; Assembly Line Balancing; This video has been prepared to assist my students at Indiana University of Pennsylvania (IUP), located in Western Pennsylvania near Pittsburgh (USA).
Views: 66645 Ramesh Soni
How to Make Better Product Decisions by Using Quantitative & Qualitative Data at Lean Product Meetup
 
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UserTesting's Director of Research Marieke McCloskey and Director of Product Brian Tran shared their advice on “How to Make Better Product Decisions by Using Qualitative & Quantitative Data.” at Lean Product Meetup on December 8, 2018. Marieke and Brian explained how to combine qualitative user research with quantitative data methods throughout the development process. They shared case studies of how Product Managers and Designers at UserTesting used qualitative and quantitative methods to identify high-growth opportunities, understanding their users, iteratively develop solutions, and optimize what’s live. If you would like to see more videos like this check out the followings talks from past months: ▶ Dan Olsen's Product-Market Fit talk at Mind the Product SF 2018: https://www.youtube.com/watch?v=bDUrQlmwox4 ▶ Jake Knapp about his new book “Make Time” : https://www.youtube.com/watch?v=q4Sx9o85y-s ▶ Box CEO Aaron Levie Interview: https://www.youtube.com/watch?v=cJC_JuxRgIg ▶ “Product is Hard” by Marty Cagan https://www.youtube.com/watch?v=gCYFmrvPI8Q ▶ “Jobs to Be Done” by Tony Ulwick: https://www.youtube.com/watch?v=qQFUHapOJsQ ▶ Using Data to Set Your Product Strategy by Justin Bauer, who is the VP of Product at Amplitude: https://www.youtube.com/watch?v=H8XQVQy8Xiw ▶ For upcoming videos like this, subscribe to our channel: http://www.youtube.com/c/DanOlsen ▶ This video was produced by Coreography https://coreography.com. ▶ Lean Product was founded by Dan Olsen https://dan-olsen.com. ▶ Learn more about Lean Product Meetups at https://meetup.com/lean-product #DanOlsen #LeanProductMeetup #ProductManagement
Views: 411 Dan Olsen
Product Mix - Marketing Management Video Lecture by Prof. Vijay Prakash Anand
 
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"MARKETING MANAGEMENT MASTERCLASS" Course Link and Discount Code: https://www.udemy.com/marketing-management-masterclass/?couponCode=MARKETINGYT In this video, I have talked about Product Mix. ................................................................................................ Web: www.marketingbyvijay.com Check out my blog: https://marketingbyvijay.wordpress.com/ Like my Facebook Page: https://www.facebook.com/marketingbyv... Please send your queries, feedback and suggestions on [email protected]
Views: 21671 Marketing by Vijay
Marketing Product and Service Decisions 2.0
 
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Product and Service Decisions-- Created using PowToon -- Free sign up at http://www.powtoon.com/youtube/ -- Create animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.
Views: 540 Nursery Rhymes
Managerial Accounting 7.3: Product Line Decisions
 
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This video describes how to use differential analysis to make product line decisions.
Views: 1798 KurtHeisinger
Short-Term Business Decisions: Dropping a Product Line - Example
 
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Relevant Costs & Short-Term Business Decision Making: Dropping a Product Line - Example
PRODUCT & SERVICES DECISION
 
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Assalamualaikum, Peace be upon you! My name is Muhammad Akmal Bin Mohd Khalil. My course is Islamic Banking and Finance. My video is about 'Product & Services Decision'. And for your information, this video is a part of my assignments for Marketing subject. 👍🏻Don't forget to like, comment on and share the vids! I will give a gold to viewers as many as I can. Thanks for watching!👍🏻
Views: 172 Akmal khalil
Joint Product Costs and the Splitoff Point
 
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This video introduces the concept of joint costs and the splitoff point in managerial accounting. Joint products refer to two or more products that are produced from the same input. The point at which the raw product is transformed into multiple joint products is known as the splitoff point. (Note: a product with a relatively low sales value may be referred to as a by-product rather than a joint product) Costs incurred prior to the splitoff point are known as joint costs. Joint costs are commonly allocated to the individual joint products (using the relative sales method, physical unit method, or Net Realizeable Value method) for purposes of computing Cost of Goods Sold. However, joint costs are not relevant when deciding what to do with a product after the splitoff point has been reached (for example, in a sell-or-process further decision). After the splitoff point has been reached, joint costs have already been incurred-- thus, managers should only consider the incremental costs and revenues. Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin
Views: 46150 Edspira
Buyer Decision Process For New Product
 
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Hello people! In this video, I will explain about Buyer Decision Process For New Product; Stages For Buying Process and Categories Of Adopters. This video is created specifically for assignment of Principle and Practices of Marketing. So, do give me thumbs up and please leave your comments below to let me know how can i further improve my videos editing and explanation in the future. Thank you in advance!
Views: 474 Khalilah Rifin
Product-Mix Decisions
 
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To receive additional updates regarding our library please subscribe to our mailing list using the following link: http://rbx.business.rutgers.edu/subscribe.html
How To Make The Best Product Decisions by XO Group Product Manager
 
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Product Management event in New York about how to make the best product decisions. 👉 Subscribe here: http://bit.ly/2xMQLbS 🕊️ Follow us on Twitter: http://bit.ly/2xAQklN 💙 Like us on Facebook for free event tickets: http://bit.ly/2xPfjkh 📷 Check us out on Instagram: http://bit.ly/2eHmfJp Get the presentation slides here: http://bit.ly/2CTt9Ez Find out more about us: http://bit.ly/2CTOmy7 💻 Making good decisions is a Product Managers secret weapon. Every day a Product Manager makes macro and micro decisions that enable their teams to design and build. It is uniquely the job because Product Managers tend to have the most context in a company. Learn frameworks of how to make good decisions and examples from how Jennifer has done this at The Knot. Jennifer Garfield is a user-centered product person in New York who loves building experiences and tools for couples and local vendors at The Knot, the leading platform and marketplace for all things weddings. She has worked in the US and abroad at digital agencies, software start-ups, and consulted for industry leaders such as Dell and Autodesk, for the past 10 years. Jen started her career in digital media planning and fell into doing "product-y things" at a startup in Austin,TX. This inspired her to get a master’s degree in Human-Computer Interaction and Usability. Chapter 1 1:01 Talk Agenda Chapter 2 2:08 Making Good Decisions Chapter 3 2:33 The Basics 1: Right amount of Information Chapter 4 7:22 Confidence Chapter 5 8:46 The Basics 2: Making a Decision Quickly Chapter 6 9:40 80/20 Rule Chapter 7 11:14 Good Decisions + Product Development + User Science Chapter 8 12:48 Case Study Chapter 9 17:43 Takeaways Chapter 10 18:20 Questions from the Audience ABOUT US: We host product management, data and coding events every week in Silicon Valley, San Francisco, Los Angeles, Santa Monica, Orange County and New York. Click here to see what we have coming up: http://bit.ly/2GXV3S8 Product School is the world’s first tech business school. We offer certified Product Management, Coding, and Data courses; our instructors are real-world managers working at top tech companies such as Google, Facebook, Snapchat, Airbnb, LinkedIn, PayPal, and Netflix. Our classes are part-time, designed to fit into your work schedule, and the campuses are located in Silicon Valley, San Francisco, New York, Orange County and Los Angeles. Product leaders from local top tech companies visit Product School campuses each week. Through lectures, panel discussions, and a variety of other forums, the world’s top product managers visit Product School to provide invaluable real-world insights into critical management issues. If you want to become a product manager in 8 weeks, see our upcoming courses here: http://bit.ly/2CTOmy7 📓 The Product Book has arrived! Learn how to become a great Product Manager. On sale for a limited time. Get your copy here: http://amzn.to/2uJqg9A #ProductManagement #ProductSchool #Upskill #TechEducation #Education #Product #TechStartup #FinTech #Business #ProductManager #ProdMgmt
Product - Brand Strategies
 
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This video explores "How to improve your chances of success as a brand?" An identification of what makes a quality brand name, logo, and slogan is illustrated in the video. As well, the 5 different types of brand strategies are also explored.
Views: 31109 Jason Richea
PRODUCT DECISIONS 2 MARKETING MGMT/BUSINESS STUDY
 
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PRODUCT DECISIONS 2 MARKETING MGMT/BUSINESS STUDY. EXPLAINED THE IMPORTANCE OF PACKAGING AND LABELLING
Views: 370 Shashi Aggarwal
The Marketing Mix - The product concept
 
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On Facebook: https://www.facebook.com/365careers/ On the web: http://www.365careers.com/ On Twitter: https://twitter.com/365careers Subscribe to our channel: https://www.youtube.com/365careers This lesson on Marketing strategy introduces the first P of the Marketing mix - the product. Watch more at https://www.udemy.com/mba-in-a-box-business-lessons-from-a-ceo . This video is part of a series of short lessons about Business Strategy. The complete module can be found on Udemy, as a core part of the MBA in a Box course by CEO Valentina Bogdanova and 365 Careers. The course provides a complete Business Education: Business Strategy, Management, Marketing, Accounting, Decision Making & Negotiation in just under 10 hours. -------------------------------------------------- Marketing module table of contents: Marketing: An Introduction Introduction to Marketing What is Marketing's role? Who works in Marketing? Marketing's key processes Marketing: Building a Marketing Strategy What is a marketing plan? The psychology of customers - needs, wants, and demands Conducting marketing research The different stages of marketing research Collecting Primary Data for Marketing Research Performing client segmentation Choosing a target customer group Marketing: How to set up an effective Marketing Mix The four Ps of Marketing and their importance Marketing: How to set up an effective Marketing Mix - Product decisions The product concept Classifying a firm's products The typical product lifecycle Product branding Product packaging Marketing: How to set up an effective Marketing Mix - Pricing decisions The variables influencing product pricing The demand curve Performing break-even calculations Marketing: How to set up an effective Marketing Mix - Place decisions Setting up product distribution Types of distribution channels The advent of e-commerce Marketing: How to set up an effective Marketing Mix - Promotion decisions The essence of marketing promotion Creating a marketing campaign The importance of social media Marketing: How to set up an effective Marketing Mix - A dynamic concept The four Ps of Marketing - A dynamic concept Marketing: Marketing strategy in the long run Allocating the funds available for Marketing - The budgeting exercise Using KPIs to improve decision-making Short-term vs. Long-term marketing goals Interpreting and calculating the Customer-Lifetime-Value formula -------------------------------- There are two main types of products that can be offered to clients – goods and services. Whether we talk about goods or services, we can say, usually, people are not just buying a product that solves one of their basic needs. They acquire the benefits and satisfaction they believe they’ll obtain from the product. They are interested in symbols and ideas that help them relate the product to a desired lifestyle and positive expectations about the future. Customers do not simply buy products because they satisfy their needs. Instead, they are interested in becoming clients of firms that offer them a complete product concept – an idea or a promise, if you will. The best products make people happier and create a positive expectation before being consumed.
Views: 25695 365 Careers
Introduction to Marketing: The Product Mix
 
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Help us learn more about your experience by completing this short survey: https://www.surveymonkey.com/r/RRKS8LZ Subscribe to Alanis Business Academy on YouTube for updates on the latest videos: https://www.youtube.com/alanisbusinessacademy?sub_confirmation=1 The product mix is the collection of products lines and individual products that a business offers. Each of these product lines is intended to attract a specific customer. By increasing the number of product lines, businesses put themselves in a position to cater to a wider consumer group. In this video I'll describe the product mix and provide an example using popular consumer hardware and software company Apple.
Management Product & Pricing Decisions: Special Order; Incremental Analysis - Accounting video
 
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Discussion of special order decision with example including an incremental analysis. Other videos in this series: Part 1 - Relevant and Irrelevant Costs and Incremental Analysis Part 3 - Setting Prices Part 4 - Dropping Products and Product Mix Part 5 - Outsourcing and Process Further Decisions For more accounting/how to eLectures (and accompanying lecture notes), blog and a discount textbook-store visit www.TheAccountingDr.com Please note that videos may require Flash media and may not play on devices without Flash capabilities (i.e. iPad).
Mod-01 Lec-33 Theory of constraints, Product mix problem
 
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Manufacturing Systems Management by Prof. G. Srinivasan, Department of Management, IITmadras. For more details on NPTEL visit http://nptel.iitm.ac.in
Views: 18793 nptelhrd
The Marketing Mix - Product distribution
 
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On Facebook: https://www.facebook.com/365careers/ On the web: http://www.365careers.com/ On Twitter: https://twitter.com/365careers Subscribe to our channel: https://www.youtube.com/365careers This lesson on Marketing strategy discusses the distribution of a product. Watch more at https://www.udemy.com/mba-in-a-box-business-lessons-from-a-ceo . This video is part of a series of short lessons about Business Strategy. The complete module can be found on Udemy, as a core part of the MBA in a Box course by CEO Valentina Bogdanova and 365 Careers. The course provides a complete Business Education: Business Strategy, Management, Marketing, Accounting, Decision Making & Negotiation in just under 10 hours. -------------------------------------------------- Marketing module table of contents: Marketing: An Introduction Introduction to Marketing What is Marketing's role? Who works in Marketing? Marketing's key processes Marketing: Building a Marketing Strategy What is a marketing plan? The psychology of customers - needs, wants, and demands Conducting marketing research The different stages of marketing research Collecting Primary Data for Marketing Research Performing client segmentation Choosing a target customer group Marketing: How to set up an effective Marketing Mix The four Ps of Marketing and their importance Marketing: How to set up an effective Marketing Mix - Product decisions The product concept Classifying a firm's products The typical product lifecycle Product branding Product packaging Marketing: How to set up an effective Marketing Mix - Pricing decisions The variables influencing product pricing The demand curve Performing break-even calculations Marketing: How to set up an effective Marketing Mix - Place decisions Setting up product distribution Types of distribution channels The advent of e-commerce Marketing: How to set up an effective Marketing Mix - Promotion decisions The essence of marketing promotion Creating a marketing campaign The importance of social media Marketing: How to set up an effective Marketing Mix - A dynamic concept The four Ps of Marketing - A dynamic concept Marketing: Marketing strategy in the long run Allocating the funds available for Marketing - The budgeting exercise Using KPIs to improve decision-making Short-term vs. Long-term marketing goals Interpreting and calculating the Customer-Lifetime-Value formula -------------------------------- Product distribution is probably the most difficult step to set up among the 4 Ps. Well, it takes a lot of time and significant energy to build and optimize a distribution channel. And we have to consider several factors that will influence our decision. The best distribution channel is the one that: Delivers a product that customers want. Delivers a product where customers want it. And allows customers to have the product at the right time. A product must be positioned where its target customers are likely to find it. A great-looking store, with prepared sales personnel, and optimal product placing can have a huge impact on sales. Great distribution channels deliver products at the right time. Nobody likes it when an item is out of stock or when there is a long waiting period for its delivery. Companies want to be efficient with the inventory they keep as it represents a cost. An optimized logistics flow can be beneficial for both customers and producers.
Views: 15260 365 Careers
Marketing Mix: Product Strategy
 
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Product in the marketing mix or Product Marketing? Learn the difference and more in this video to build your marketing skills. * Differentiate between product and product marketing * Redefine product for the modern economy * Explain the components of product decisions * Make a case for leading with benefits * Identify the reasons products fail * Summarize support of quality product intros Watch the other videos in the playlist: https://www.youtube.com/playlist?list=PL6F365386C75BB026
Views: 21869 Soma Datta
Joint Products and By Products | Financial Reporting Decisions| US CMA Part 1| US CMA course
 
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US CMA Exam Part 1 Multiple products From common process/processes Common joint costs are incurred till split-off point Such joint costs need to be suitably allocated Joint products have significant market values Joint costs need to be suitably allocated Inventory needs to valued with a reasonable amount of accuracy Costs incurred after split off ----- further processing costs can be easily identified E.g. Processing milk to get butter, cheese & cream Low-value products Produced along with the main product E.g. Molasses is a by-product of refining sugar Sawdust is a by-product of the timber business https://meraskill.com/cma?utm_medium=referral&utm_source=youtube&utm_campaign=us_cma WhatsApp Now: +91 8692900017
Views: 3090 Mera Skill
Lecture Four: Lesson Two: Product and Service Decisions
 
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Pre Quiz https://drive.google.com/open?id=1xFagg2WEkpmgXEFy_uKA-y-7bJYaLpgG
Views: 599 INSSR
10 BIGGEST FAILS OF THE MOST FAMOUS COMPANIES
 
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BRAIN TIME ► https://goo.gl/tTWgH2 It's no secret that even the biggest, coolest companies can epically fail. Well, firstly, we are all human, and secondly, when hundreds or thousands of people work on a product, someone will surely make a mistake. Just imagine, what if, for example, someone brought a MacBook to the launch of a new Microsoft product and put it in the most visible place? Yes, it would be a real scandal! In any case, here we have ten of the most epic fails of the big companies.
Views: 5423385 #Mind Warehouse
Product line and product mix decisions
 
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Project Name: e-Content development of marketing management Project Investigator: Dr. Jaydeep Badiyani Module Name: Product line and product mix decisions
Views: 1870 Vidya-mitra
Game Theory: The Science of Decision-Making
 
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With up to ten years in prison at stake, will Wanda rat Fred out? Game theory is looking at human interactions through the lens of mathematics. Hosted by: Hank Green ---------- Support SciShow by becoming a patron on Patreon: https://www.patreon.com/scishow ---------- Dooblydoo thanks go to the following Patreon supporters -- we couldn't make SciShow without them! Shout out to Kevin Bealer, Justin Lentz, Mark Terrio-Cameron, Patrick Merrithew, Accalia Elementia, Fatima Iqbal, Benny, Kyle Anderson, Mike Frayn, Tim Curwick, Will and Sonja Marple, Philippe von Bergen, Chris Peters, Kathy Philip, Patrick D. Ashmore, Thomas J., charles george, and Bader AlGhamdi. ---------- Like SciShow? Want to help support us, and also get things to put on your walls, cover your torso and hold your liquids? Check out our awesome products over at DFTBA Records: http://dftba.com/scishow ---------- Looking for SciShow elsewhere on the internet? Facebook: http://www.facebook.com/scishow Twitter: http://www.twitter.com/scishow Tumblr: http://scishow.tumblr.com Instagram: http://instagram.com/thescishow ---------- Sources: https://www.khanacademy.org/economics-finance-domain/microeconomics/nash-equilibrium-tutorial http://levine.sscnet.ucla.edu/general/whatis.htm http://assets.cambridge.org/97805213/61774/sample/9780521361774ws.pdf https://www.youtube.com/watch?v=qcLZMYPdpH4 http://link.springer.com/chapter/10.1007/978-1-349-20181-5_1 http://www.gametheory.net/dictionary/Game.html Image Links: https://en.wikipedia.org/wiki/John_Forbes_Nash_Jr.
Views: 2064194 SciShow
What is PRODUCT LINE EXTENSION? What does PRODUCT LINE EXTENSION mean?
 
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What is PRODUCT LINE EXTENSION? What does PRODUCT LINE EXTENSION mean? PRODUCT LINE EXTENSION meaning - PRODUCT LINE EXTENSION definition - PRODUCT LINE EXTENSION explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ A product line extension is the use of an established product brand name for a new item in the same product category. Line Extensions occur when a company introduces additional items in the same product category under the same brand name such as new flavors, forms, colors, added ingredients, package sizes. This is as opposed to brand extension which is a new product in a totally different product category. Line extension occurs when the company lengthens its product line beyond its current range. The company can extend its product line down-market stretch, up-market stretch, or both ways. Product line extensions are a process where companies with an established brand alter the factors of a product or products to satisfy a refined segment in the market. There are two types of product line extensions, horizontal and vertical. Horizontal extensions consist of keeping the price and quality consistent, but changing factors like flavour or colour to differentiate the products. Vertical extensions consist of increasing and decreasing the quality and price to create inferior and luxury goods. These product line extensions are often closely related to existing products in a brands portfolio, but targets specific brand consumers through this approach. Product line extensions help companies identify and tend to the needs of refined target markets. This approach is a way to try and increase company sales, as well as expanding their brands product portfolio within the desired market. This expansion of a company’s product line also increases their competitive impact, and if applied appropriately, their advantage within the intended market. Practically, when brands apply a product extension strategy they can often benefit from the new addition or additions. This is as extending their product line enlarges their product portfolio and as a result provides the consumers with more variety to choose from. This is positive, as consumers tend to enjoy being able to have choice and through expanding a brands product line, the brand is providing this choice. Investing in this approach is commonly pursued by companies due to their desire to create revenue and to advance their competitive status against rival companies. The advantages when undergoing product line extensions is that the new product or products are commonly closely related to existing products, so the company often has the appropriate production process and capacity to produce the new product or products. Issues facing product line extensions can include company’s investments in the new products without the desired return. The product may come at a loss or may not be able to make enough of the return the company was forecasting for. The new addition could also send confusion to the company’s customer base, and in turn negatively affect the loyalty they have for the brand. This can evidently become a long-term risk in terms of brand image, as consumers may have a new view of the brand as cheap, in the case of downward extension, or unrealistic and unreasonable in terms of upward extension. An issue also connected to the extensions, could result in the production process becoming more and more complicated as a result of new products, this could affect the company’s efficiency and quality in the production of the brands product range. An advantage of extending company product lines is the likely rise in sales, demand and market share. Product line extension increases the amount of different products available to consumers, and through adding more products into the market it keeps consumers interested. This can be helpful in avoiding customer base loss.
Views: 3163 The Audiopedia
Discontinuation of Products or Services - Decision Making - Managerial Accounting Gateway Problem 12
 
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Devon Coombs explains how to use contribution margin to determine if a company should discontinue a product or service line. Follow the link below for the question in this video: http://www.csun.edu/sites/default/files/managerialquiz.pdf Follow me on Twitter and LinkedIn: https://twitter.com/devonpscoombs https://www.linkedin.com/in/devoncoombs Please subscribe to my channel :)
Management Product & Pricing Decisions, Part 1
 
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Discussion of relevant and irrelevant costs and an incremental analysis. Other videos in this series: Part 2 - Special Orders Part 3 - Setting Prices Part 4 - Dropping Products and Product Mix Part 5 - Outsourcing and Process Further Decisions For more accounting/how to eLectures (and accompanying lecture notes), blog and a discount textbook-store visit www.TheAccountingDr.com Please note that videos may require Flash media and may not play on devices without Flash capabilities (i.e. iPad).
Product MixBranding, Packaging and Labelling Class XII Business Studies by Ruby Singh
 
06:26
For the first time in INDIA, textbook in Economics, Accountancy & Business Studies with FREE Video Lectures by Eminent Authors/Subject Expert. To buy books visit www.goyal-books.com To view FREE Video Lectures visit www.goyalsOnline.com/commerce About the Book » Written strictly according to the latest syllabus prescribed by the CB.S.E., New Delhi. » Up-to-date study material provided by using the latest available data. » Elaborate explanation of the concepts. » Summary (Points to Remember) given at the end of each Chapter. » Numerical Problems from previous years' question papers incorporated and solved in the respective Chapters. » Methodology of solving typical numerical problems given wherever necessary. » Methodology of drawing typical diagrams given wherever necessary. » Comprehensive Exercises given at the end of each Chapter. » Sample Question Paper given at the end of the book. » Multi-disciplinay Problems given at the end of the books. » Video lectures on each topic with replies to queries for better and clear understanding of the concepts by the Author/Subject Matter Expert. Benefits of Video Lectures » Easy to access anytime: With video lectures, students can learn anywhere from their mobile devices: desktops, laptops, tablets or smartphones. » Students learn when they are primed to learn. » Students can pause, rewind and replay the lecture. » Eases the distraction of having to transcribe the lectures. » Self-paced learning: Students can follow along with the lecture at their own pace, going more slowly or quickly » Bookmarking: Students can bookmark the point where they're up to in the video so they can easily return and continue watching the lecture at a later point. » Searchability: Students can easily search through the lecture to find the required sub-topic they need, without having to rewind and fast forward throughout the video. » Greater accuracy: Students will understand the lecture better and can make sure that they have not misheard anything. » Facilitates thinking and problem solving: It improves research skills, collaborative working, problem solving, technology and organisational skills.
Optimal Product Mix Calculation
 
09:16
How does a company determine which product mix will generate the most profit? This video explores an optimal product mix with just a time constraint. We then go on to discuss how the numbers will change if a second constraint, demand, is added. For more help with accounting, please visit my website http://AccountingInFocus.com.
Views: 26966 Kristin Ingram
#ProductCon London: The Art of Making Impossible Product Decisions by HSBC Senior Digital PM
 
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Product Management Event at #ProductCon London about The Art of Making Impossible Product Decisions by HSBC Senior Digital Lead. 👉 Subscribe here: http://bit.ly/2xMQLbS 🕊️ Follow us on Twitter: http://bit.ly/2xAQklN 💙 Like us on Facebook for free event tickets: http://bit.ly/2xPfjkh 📷 Check us out on Instagram: http://bit.ly/2eHmfJp Get the presentation slides here: https://prdct.school/2Uj1Ltf Find out more about us: https://prod.school/2SGESOF 💻 ABOUT US: Product School is the world’s first tech business school. We offer certified Product Management, Coding, Data Analytics, Digital Marketing, UX Design and Product Leadership courses; our instructors are real-world product managers working at top tech companies, such as Google, Facebook, Snapchat, Airbnb, LinkedIn, PayPal and Netflix. Our classes are part-time, designed to fit into your work schedule. Our campuses are online and in 16 cities worldwide, including Silicon Valley, New York, Los Angeles and London. See our upcoming courses here: https://prod.school/2SGESOF In addition to classes, each of our campuses hosts weekly events with top industry professionals about Product Management, Data Analytics, Coding, Digital Marketing, UX Design and Product Leadership. Click here to see what we have coming up: https://prod.school/2SFSLws Product leaders from local top tech companies visit Product School campuses each week. Through lectures, panel discussions, and a variety of other forums, the world’s top product managers visit Product School to provide invaluable real-world insights into critical management issues. 📓 The Product Book has arrived! Learn how to become a great Product Manager. Get your copy here: https://prod.school/2NJBIsM #ProductManagement #ProductSchool #Upskill #TechEducation #Business #ProdMgmt #ProductManager #Product #PM #IT #Management #PMP #ProductDesign #FinTech

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