Essentials of New Product Management

Format: Hardcover

Language: English

Format: PDF / Kindle / ePub

Size: 10.02 MB

Downloadable formats: PDF

Great marketing managers are vision creators. The main reason for the marketing plan is that it provides a structured approach that forces the marketing manager to consider all the relevant elements of the planning process which might be missed if a more rushed approach is adopted. A price war is started when one firm cuts its price in an effort to increase its market share. 3) Status Quo goals:To closely related goals – stabilizing prices and meeting competition are least aggressive of all pricing goals because they are designed to maintain the pricing status quo. a) Price stabilization:Price stabilization is goal in industries with a price leader.

Pages: 304

Publisher: Prentice Hall; 1st edition (April 10, 1998)

ISBN: 013286584X

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