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this is a 10PART QUESTION!! please solve ALL PARTS!! again this is a 10PART QUESTion need ALL paets in order to get it right! please

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this is a 10PART QUESTION!! please solve ALL PARTS!!
again this is a 10PART QUESTion need ALL paets in order to get it right!
please help, thanks alot
How can complex products be diffused more rapidly in the market? increase observability in the marketplace make them easier for consumers to use build in compatibility with existing products incorporate a social aspect to their use What is the goal of new product development? to create new sources of revenue to refocus marketing efforts to prevent non-price competition to force a price war By the end of the shakeout stage, what do companies know will occur if they change their business strategies? There will be less competitive interdependence. There will be a competitive response from rivals. They will be able to determine the nature of competition. They are less likely to be able to influence competitive forces. In order to drive growth for a new product, why is it important to create a degree of compatibility? The customer will understand how the product will support their needs and values. The customer will be seen as enjoying the product, creating desire in their social group. The customer will understand how the price of the product will change over time. The customer will want to understand how the technology works. Why is it difficult to get mass market customers to adopt a product? They do not see it being used widely. Performance is typically substandard. Price tends to increase. Distribution channels are specialized. Why would a firm successful in attracting innovators and early adopters potentially go out of business? They change strategies to attract the early majority. They try to serve the late majority instead. They devote too many resources to reliability and ease of use. They fail to create an effective business model. Why is competitive interdependence most prominent in a mature industry? To limit price advantages The actions of one firm can affect all firms. To manage product proliferation Economies of scale have to be developed. What enables large firms to gain and hold leading positions in a mature industry? high-performing products with limited reliability being a pioneer in the industry the most successful products the most successful business model How should a firm change its strategy when the industry approaches the growh stage, and the firm wants to attract more of the early majority? implement specialized distribution channels implement a focus strategy based on small quantity production implement mass-media advertising campaigns implement a market development strategy Why is product differentiation an important method of gaining market share? Strategic commitments become less important. It can help stabilize industry relationships. It signals a hostile response to new entrants. Competition is based on features, not price

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