Answer:
The correct answer is Product Development Stage.
Explanation:
If any of the changes are required to be incorporated in a design, the best point of attempting these changes is in the product design phase such that the considerations are included from the initial stage and the design effort is not wasted.
Answer:
The equilibrium price would increase, and the equilibrium quantity would decrease.
Explanation:
With an increase in the cost of steamed milk, the cost of materials, one of the key factors in pricing decision would rise, which means that the equilibrium price of lattes would also increase. With an increase in price, according to the law of demand, there is a decrease in demand. Therefore, the quantity of lattes sold at the new equilibrium price would decrease.
The equilibrium price would increase, and the equilibrium quantity would decrease.
Answer:
Business Process Re-engineering
Explanation:
Business Process Re-engineering sometimes denoted as (BPR). It is a business process which include rearrange the previous process with aim to reduced manufacturing cost and error during process.
BPR process involves assessment of previous process which include detail assessment of all process which are part of fault engineering.
steps of BPR are
1- Analyze previous process
2- identify the error
3 -design future process on the basis of error
4 - implementation of process
Answer:
Product modification
Explanation:
Product Modification refers to the improvement of the existing products or even services making necessary changes in the characteristics, nature, size, packing and colour, etc., of the products so that the changes in demand of consumers may be dealt effectively.
