Class Notes Flashcards

1
Q

What is the relationship between form and function?

A

As function increases, customer value diminishes. As hedonics increase, customer value increases.

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2
Q

How do you decide what stays in vs. outside of a product platform?

A

Keep hedonics outside of the product platform as much as possible.

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3
Q

What are the two motivations for having a product platform?

A
  1. Economies of scale

2. Keeping both engineers and marketers happy

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4
Q

What are the purposes of finance and marketing?

A

Finance secures funding. Marketing determines the profitability of ventures.

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