Task 3: Definitions

Activity Tasks 3

What do you understand by the following

  • Costs and benefits

Cost and benefits means to do analysis of the spending on purchase of a product and compare it with benefits receives from that purchased product. This is a systematic approach to for the strengths and weakness of a project.

  • Opportunities and threats

Opportunities and threats are the external environment analysis. This means to analyze the space available for the product or business in new or existing environments. Threats mean the possible or potential hurdles in the market against the business of the company or product.

  • Advantages and disadvantages over potential competitors

The unique resources are the advantages over potential competitors. However, the disadvantage includes the decrease in the sale and market share. The potential competitors can fail the product in the market.

  • Sales forecast

This is a market survey to estimate the potential sales in market about some specific product or whole company. Most of the companies do analysis from the current market conditions and data from past in order to estimate the revenues or profits in upcoming period.

  • Return on investment potential

This is the expected profit for the investor receiving on some investment in projects or business. This is used to measure the efficiency of a business and relationship of profit with capital invested in business.

Assignment on Task 3: Definitions By ABC Dated Activity Tasks 3 What do you understand by the following Costs and benefits Cost and benefits means to do analysis of the spending on purchase of a product and compare it with benefits receives from that purchased product. This is a systematic approach to for the strengths and weakness of a project. Opportunities and threats Opportunities and threats are the external environment analysis. This means to analyze the space available for the product or business in new or existing environments. Threats mean the possible or potential hurdles in the market against the business of the company or product. Advantages and disadvantages over potential competitors The unique resources are the advantages over potential competitors. However, the disadvantage includes the decrease in the sale and market share. The potential competitors can fail the product in the market. Sales forecast This is a market survey to estimate the potential sales in market about some specific product or whole company. Most of the companies do analysis from the current market conditions and data from past in order to estimate the revenues or profits in upcoming period. Return on investment potential This is the expected profit for the investor receiving on some investment in projects or business. This is used to measure the efficiency of a business and relationship of profit with capital invested in business. Production capacity and equipment This means the production of plant or machinery in a single time. This refers to the size and efficiency of machinery in the production. The capacity means production of units in a single batch. The equipment means the tools & technology used in the production and manufacturing process. Product modification, brand name, packaging, design, features These all refers to the changing in the existing product, its name, design of the product and material used in packing of the product. Modification refers to the change to product. Pricing Strategies Pricing strategies includes the cost of the single product that is available for the use of the customers. Prices are set according to the economy level and the expense occurred in the production of a single unit. Promotional Mix, advertising Message, Media, Sales promotions brochure, publicity, websites All these things are used to make the public and market aware of the new product and the business. These channels are used for the promotion and placement of the product in the new market in order to get desired results from specific product or brand. Distribution Channels Distribution channels are used in the delivery of goods from factory to the retail sellers and directly to the customers. These are also called the intermediaries between the business and the customers. Service requirements and support This refers to the additional and supportive services for the production and manufacturing. Moreover, these also take as the support required for the services provided to employer or employee and customers. Budget Requirement Funds are needed for the production, advertisement, marketing and other relevant products. Finance is needed to run all the operations of the organization. References BIBLIOGRAPHY \l 1033 Apple. (2014). Apple Press Info. Retrieved Janury 26, 2015, from https://www.apple.com/pr/products/ Dobney. (2013). Advertising testing. Retrieved January 20, 2015, from http://www.dobney.com/Research/ad_testing.htm John, W. (2014). Cost and Benefit Analysis. Retrieved Jnauary 26, 2015, from http://www.sjsu.edu/faculty/watkins/cba.htm

Get Rewriting & Paraphrasing Help!

We have more than 1500 academic writers and we promise 0% plagiarism in your paper.

Paper's Detail

Category Consumer Behavior
Paper Type APA
Reference Type Assignment
Words 543

Our Online Writers

Mathematics & Physics

237 Homework Orders Completed

5.0

online

Study Table

Australia

Dear respected Client, I am a qualified and experienced Writer, Researcher, Tutor, analyst and Consultant. …

Mathematics & Physics

207 Homework Orders Completed

5.0

online

Helping Door

Pakistan

Dear respected Client, I am a qualified and experienced Writer, Researcher, Tutor, analyst and Consultant. …

Business & Management

237 Homework Orders Completed

5.0

online

Homework Specialist

United Kingdom

I am an admired writer in all fields of writing with over 5 years of …

Order Your Homework Today!

We have over 1500 academic writers ready and waiting to help you achieve academic success

Private and Confidential

Yours all information is private and confidential; it is not shared with any other party. So, no one will know that you have taken help for your Academic paper from us.

Our Customers Rating

Order Now

Frequently Asked Questions

Private and Confidential

Client’s all information is private and confidential; it is not shared with any other party. Even, we don’t ask client name and give user name to his/her profile. So, no one will know that you have taken help for your Academic paper from us.

Payment Safeguard

We only accept PayPal as our payment method. It is 100% secure. As, We don’t take and store any Credit/Debit card information.

Plagiarism Free

It is guaranteed all your Homework/Assignments Solutions are plagiarism free and original. Writers here charge for their efforts not for Copy/Paste work and TOS management takes strict action against those writers.

Guaranteed Quality

All the writers working here are recruited and chosen after taking strict evaluation of their Academic degrees, Experience and background. Then, they are allowed to work here as providing quality homework solution is our first priority.

24/7 online Writers

Our website is worldwide forum, where 100s of experts all over the world remain online round a clock, so, you can come at anytime and get the help from any of your homework. Even Urgent within 1 hour!

Prices at TutorsOnSpot.com

Prices at tutorsonspot.com are very competitive and low. As, tutorsonspot.com is marketplace so, all the writers bid for getting the work and competition among the writers lowers the price and you get your work done at low minimal prices.

Guarantees

  • Our service provides you with original content that does not have plagiarism in it. We are renowned for providing our customers with customized content that is written specifically for them. If you are thinking, can someone help me with my research paper? You can depend on us to help you out.
  • Our motto is to meet deadlines and deliver your solution right on time.We understand that you want to save your time and we respect it. Regardless of the difficulty, we deliver an unparalleled solution without any delay. Moreover, you get a money back guarantee in case you are not satisfied with our service. To understand this guarantee, check our terms and conditions related to it.
  • We perform a detailed research when writing your paper. With all of our services, we ensure to perform extensive research before creating your solution. Furthermore, if you have any questions, just reach out to our customer service team that is available all the day.
  • It is our primary goal to satisfy you. Thus, if you are thinking: can someone write my research paper? Just contact us and get the best services that you can get.

Homework Questions in Business & Management

Best Service for the Struggling Students

Services For All Subjects

We have experienced tutors and assignment experts from all over the world for all subjects.

24/7 Live Writers

100's of qualified phd tutors round the clock.

Best Price Guarantee

Compare our price. Our services are of highest quality and lowest price, Guaranteed.

Plagiarism Free Work

Your information including personal details are safe with us.We have strict privacy policy.

Safe Payment Options

Pay using paypal though verified gateway for maximum safety, No risk.

100% Privacy Guaranteed

Scan our work with all plagiarism checking tools, Result will always be 0%.

Guarantee Your Academic Success!

Place an Order