The way that we will produce this product is by using the factors of production. We need people, like factory workers, to produce the showerhead. We also need capital. An example of this would be fragrances. We are going to have many different fragrances of the soap that connects to the showerhead. In order for this to succeed, we will also need financial capital to pay for buying the capital goods used in production.
The product is going to be advertised on the radio and in television commercials. Our goal is to target anyone of an adult age, preferably people who own a home or live in an apartment. People can buy this product in any department store. The price will be about $25.00 at first for the showerhead and soap. When the soap runs out, the refills, which will also be sold where you buy the showerhead, will be sold for around $5.00.
The name of our product is "So Fresh -n- So Clean". The reason why we chose this name is because it is very catchy to remember and it refers to a shower. The feeling you get from a shower is being very fresh and clean. We are also using the song by Outkast called "So Fresh And So Clean" to advertise for our product. That is our slogan.
The only choice that consumers will really be faced with is if they want the ease of a shower. It is more of a convenient thing. If it is convenient for them, then it is a great thing to have. Sometimes people feel lazy, like if they just woke up in the morning, or if they just got home from work. This would influence people's decisions on buying this product. Their maintenance capabilities may also be a concern. We have made the product as easy as possible to install, but it does have to be installed by someone.
The consumers" opportunity cost will be the money spent on this product rather than buying a bar of soap or body wash for a cheaper price at a convenient store. We will make the price approximately the same price as most soaps, so to justify this is not a challenge.
The History of Computers Only once in a lifetime will a new invention come about to touch every aspect of our lives. ... This incredible invention is the computer. ... With this invention, managers had even more power to perform calculations for such things as statistical demographic data (Beer, 1966). ...
Many people wanted life to be more easy rather than such a hassle, and that's when inventions began. ... So with that in mind, I"m going to talk about the history in which inventions began to emerge. ... I will call my invention 'velcro' a combination of the word velour and crochet. ... The inventor formed Velcro Industries to manufacture his invention. ... Not bad for an invention based on Mother Nature. ...
The invention of the printing press was an invention that had a dramatic effect on life during the middle ages. The printing press to most people was first started in Europe but actually the invention first occurred in Asia. Europeans followed the Asians without knowledge of what had been accomplished other than paper and Johan Gutenberg received credit for the invention. There are a few reasons why the invention of the printing press occurred first in Asia and not in Europe. ... The invention of the printing press was something that changed the world. ...
Technology and new inventions come often. ... There are also some bad inventions, or inventions that have not helped much, or have helped but in a bad way. An example of an invention would have to be the gun. ... A bad invention that has not been beneficial to society is the bullet. ... The invention that I believe would help society but has not been created would have to be the, Air-Pressurized Heat-Seeking Stun Gun (APHSSG). ...
Another important part of the invention process is that the invention has to meet the needs of people. ... An invention is guaranteed failure if it does not meet one of these needs (Sloan and Northam, "Invention") . ... One invention of the 1920's was the Iron Lung. ... In some cases, inventions can come to be through mere accident (Sloan and Northam, "Invention"). ... The invention of both the first waterproof sandpaper (Diebold 3), and in 1925 the invention of masking tape by the 3M company (Inventors and Inventions). ...
Many breakthroughs of inventions and discoveries have been made by many great scientists whose purposes were to make our lives better than before. ... First of all, the inventions in design of Gothic Cathedrals have led to a new way in constructing buildings for the next builders' generation. ... In addition to the invention in design of Gothic Cathedrals, the revolution of the compass has impacted the world today. ... Like the quotation, "Necessity is the mother of invention "when man needs something new, he will invent, discover or create it." ... In addition, the breakthrough of invent...
One invention that has made it evident that we have reached the twenty first century is named Tivo. ... We're living in an age where the word digital seems to come into play with every new invention. ... It has been said that invention stems from necessity. ...
After the invention of the telephone another definition was added to the word caller. ... It is truly remarkable how much the meaning of this caller has changed just because of an invention. ... After the invention of the telephone two definitions were added to dial. ... With the invention of the cordless and cell phones, users now simply push a button to end the call. ... Although the term on hold does not go back to beginning of the phone, it was introduced to the world from the invention of the telephone and is still very popular today. ...
With the evidence given I believe that James Watt was not fully responsible for the invention of the steam train. Firstly I believe that the invention of the steam train was a joint success. ... Tomas Newcombe had improved this invention in 1712. ... With the evidence given I believe that James Watts was not fully responsible for the invention of the steam train. Firstly I believe that the invention of the steam train was a joint success. ...
