Chapter 13: Product and Services for Customers Flashcards
5 environment factors that lead to product adaptation
- Legal
- Economical
- Political
- Technological
- Geographical
2 dimensions to define quality
- Market Perceived quality
2. Performance Quality
Product Component Model
The impact of the cultural, physical and mandatory factors that affect a market’s acceptance of a product can be focused on the core component and support service component
Core Components
The core components consists of the physical product and all its design and functional features
Additional Changes may be necessary, to meet safety and electrical standards or other requirements
Packaging Components
Packaging components include style features, packaging , labelling and all aspects of product package
Support Service Component
Support Service Components includes repair and maintenance; the ability to spare parts
Purpose of the Product Component Model
The Product Component Model is a useful guide for examining the adaptation requirements of products destined for foreign market