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Product Components for Adaptation

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What are the three major components of a product and what is their importance to product adaptation?

Name an American product that has been changed physically to sell in foreign markets and explain the process and the reason.

Name an American product that has been changed culturally to sell in foreign markets and explain the process and the reason

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* What are the three major components of a product? Discuss their importance to product adaptation.

"The three major components of a product are: (1) its core, the physical product and all its functional features; (2) the packaging component that includes the physical package in which the product is presented, as well as the brand name, trademark, styling and design features, price and quality levels; (3) the support services component, which completes the product buyers receive and from which the bundle of satisfactions received are derived. This support services component ...

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Product components for adaptations are examined.

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Marketing has many definitions the enhanced ones focuses on customer direction and fulfillment of customer needs (Kotler, 2009). The two different definitions of marketing and the views of what marketing primarily entails are, first and foremost is the view from The Chartered Institute of Marketing: "Marketing is the management process that identifies, anticipates and satisfies customer requirements profitably." The Chartered Institute of Marketing (CIM, 2009) According to CIM the definition has obtained three important components. In addition to recognizing customer needs, satisfying the customers and expecting future customers (for customer relationship sustainability). Another definition of marketing is "Marketing not only involves selling; it is not a specific action at all. It involves the complete organization. It is the whole business seen from the point of view of the final result, that is, from the consumer" (Schewe and Hiam, 1998).
"Products fail as a result of the delicate balance between "risks vs returns, and innovation vs adaptation, retrospective research isn't always a reliable crutch. If there is a lesson for marketers, it is all about doing one's homework, fully understanding that predicting the future is not a science it's a gamble. It may be daunting, but then again, the world would have never seen the likes of Walkman, FedEx, CNN and even LMD all of which were predicted to fail!"(Fernando, 2000).
With the medical transport field How does this organization use the different components of the marketing mix? In this particular case which do you believe to be the most important component of the marketing mix? Why?

Marketing
What is the definition of marketing, and given the existence of he marketing concept , why do so many products fail in the market?
Marketing has many definitions the enhanced ones focuses on customer direction and fulfillment of customer needs (Kotler, 2009). The two different definitions of marketing and the views of what marketing primarily entails are, first and foremost is the view from The Chartered Institute of Marketing: "Marketing is the management process that identifies, anticipates and satisfies customer requirements profitably." The Chartered Institute of Marketing (CIM, 2009) According to CIM the definition has obtained three important components. In addition to recognizing customer needs, satisfying the customers and expecting future customers (for customer relationship sustainability). Another definition of marketing is "Marketing not only involves selling; it is not a specific action at all. It involves the complete organization. It is the whole business seen from the point of view of the final result, that is, from the consumer" (Schewe and Hiam, 1998).
"Products fail as a result of the delicate balance between "risks vs returns, and innovation vs adaptation, retrospective research isn't always a reliable crutch. If there is a lesson for marketers, it is all about doing one's homework, fully understanding that predicting the future is not a science it's a gamble. It may be daunting, but then again, the world would have never seen the likes of Walkman, FedEx, CNN and even LMD all of which were predicted to fail!"(Fernando, 2000).
With the medical transport field How does this organization use the different components of the marketing mix? In this particular case which do you believe to be the most important component of the marketing mix? Why?
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The marketing mix customarily encompasses components such as price, product, promotion, and place. As a result, the marketing mix execution is not particularly an element of marketing strategy. Marketing mix customarily implements in conjunction with strategy to assist marketing managers' promotion of their product and services. The consumer is the target demographic of all marketing's hard work. The satisfaction and need of the consumer are numerous these elements are structured into the marketing mix or "the 4 P's" (Product, Price, Place, and Promotion).

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