Business Finance
SEU The Attributes and Benefits of Fujifilm GF 100 Case Study

MGT 201

Saudi electronic university

MGT

Question Description

I’m studying for my Marketing class and need an explanation.

CRITICAL WRITING

Today, there is a great multitude and varieties of new products available in stores and online, from which consumers can choose. Think about the new products you've seen in the past two or three years, then choose a new product from any category.

Questions

1. How would you define the attributes and benefits of the chosen product?

2. Define the core, actual, and augmented product benefits.

3. Briefly describe the steps in the new product development process.

4. Each product will have a life cycle, although its exact shape and length are not known in advance. Explain each step in the PLC.

5. What are the dimensions upon which a company manages its product portfolio?

Unformatted Attachment Preview

College of Administrative and Financial Sciences Assignment 2 Deadline: 4/4/2020 @ 23:59 Course Name: Student’s Name: Course Code: Student’s ID Number: Semester: I CRN: Academic Year: 1440/1441 H For Instructor’s Use only Instructor’s Name: Students’ Grade: Marks Obtained/Out of Level of Marks: High/Middle/Low Instructions – PLEASE READ THEM CAREFULLY • The Assignment must be submitted on Blackboard (WORD format only) via allocated folder. • Assignments submitted through email will not be accepted. • Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page. • Students must mention question number clearly in their answer. • Late submission will NOT be accepted. • Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. • All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism). • Submissions without this cover page will NOT be accepted. ASSIGNMENT-2 Weightage: 10 marks Learning Outcomes: 1. Ability to carry out objective and scientific analysis of consumers’ needs and wants (Lo 2.3 & 2.6). 2. Ability to collect, evaluate and synthesize consumers data to make objective and informed marketing decisions (Lo 2.7). Assignment No: 2 CRITICAL WRITING Today, there is a great multitude and varieties of new products available in stores and online, from which consumers can choose. Think about the new products you've seen in the past two or three years, then choose a new product from any category. Questions (2×5 = 10 Marks) 1. How would you define the attributes and benefits of the chosen product? 2. Define the core, actual, and augmented product benefits. 3. Briefly describe the steps in the new product development process. 4. Each product will have a life cycle, although its exact shape and length are not known in advance. Explain each step in the PLC. 5. What are the dimensions upon which a company manages its product portfolio? 1. Describe the attributes and benefits of the chosen product? Criteria/ achievement levels Student should describe the attributes and benefits of the chosen product. Good mark Average Mark Low Mark Marks: 100 Marks: 50 Marks: 0 Good description of the attributes (features, functions, uses, product design, brand name, level of quality…) and benefits of the chosen product (product’s utility, what that product does for a customer…) Student describe only few attributes and benefits of the chosen product (poor description). No response or the whole answer is false. 2. Define the core, actual, and augmented product benefits. Criteria/ achievement levels Student should distinguish between various levels of a product. Good mark Average Mark Low Mark Marks: 100 Marks: 50 Marks: 0 Good definition of the various levels of a product (the core, actual, and augmented product benefits) Student did not provide clear and complete definition of the various levels of a product. No response or the whole answer is false. 3. Briefly describe the steps in the new product development process. Criteria/ achievement levels Student should describe the various steps in the new product development process. Good mark Average Mark Low Mark Marks: 100 Marks: 50 Marks: 0 Good and clear definition of the various steps in the new product development process (idea generation, ideas screening, concept development, marketing strategy, business analysis, concept testing and commercialization). Student did not provide clear explanation of the various steps in the new product development process (correct name of the steps but poor description). No response or the whole answer is false. 4. Each product will have a life cycle, although its exact shape and length are not known in advance. Briefly explain each step in the PLC. Criteria/ achievement levels Student should describe the various stages in the product life cycle. Good mark Average Mark Low Mark Marks: 100 Marks: 50 Marks: 0 Good and clear definition of the various stages in the product life cycle (Introduction stage, Growth stage, Maturity stage, Decline stage) Student did not provide clear and complete explanation of the various stages in the product life cycle (correct name of the stages but poor description). No response or the whole answer is false. 5. Which strategies a company should make regarding its portfolio of current and future products. What are the dimensions upon which a company manages its product portfolio? Criteria/ achievement levels Student should explain dimensions upon which a company manages its product portfolio. Good mark Average Mark Low Mark Marks: 100 Marks: 50 Marks: 0 Good and clear explanation of the various dimensions upon which a company manages its product portfolio (product mix width, product mix length and product mix depth). Student did not provide clear and complete explanation of the dimensions (correct name of the dimensions but poor description). No response or the whole answer is false. Assignment 2 Deadline: 04/04/2020 @ 23:59pm Course Name: Student’s Name: Marketing Management e.g. Abdulaziz Alkhuraydili Course Code: Student’s ID Number: MGT201 e.g.123456789 Semester: I I CRN: Academic Year: 1440/1441 H For Instructor’s Use only Instructor’s Name: Students’ Grade: Marks Obtained/Out of Level of Marks: High/Middle/Low Write Questions and Answers Here 1. Describe the attributes and benefits of the chosen product? Criteria/ achievement levels Student should describe the attributes and benefits of the chosen product. Good mark Average Mark Low Mark Marks: 100 Marks: 50 Marks: 0 Good description of the attributes (features, functions, uses, product design, brand name, level of quality…) and benefits of the chosen product (product’s utility, what that product does for a customer…) Student describe only few attributes and benefits of the chosen product (poor description). No response or the whole answer is false. 2. Define the core, actual, and augmented product benefits. Criteria/ achievement levels Student should distinguish between various levels of a product. Good mark Average Mark Low Mark Marks: 100 Marks: 50 Marks: 0 Good definition of the various levels of a product (the core, actual, and augmented product benefits) Student did not provide clear and complete definition of the various levels of a product. No response or the whole answer is false. 3. Briefly describe the steps in the new product development process. Criteria/ achievement levels Student should describe the various steps in the new product development process. Good mark Average Mark Low Mark Marks: 100 Marks: 50 Marks: 0 Good and clear definition of the various steps in the new product development process (idea generation, ideas screening, concept development, marketing strategy, business analysis, concept testing and commercialization). Student did not provide clear explanation of the various steps in the new product development process (correct name of the steps but poor description). No response or the whole answer is false. 4. Each product will have a life cycle, although its exact shape and length are not known in advance. Briefly explain each step in the PLC. Criteria/ achievement levels Student should describe the various stages in the product life cycle. Good mark Average Mark Low Mark Marks: 100 Marks: 50 Marks: 0 Good and clear definition of the various stages in the product life cycle (Introduction stage, Growth stage, Maturity stage, Decline stage) Student did not provide clear and complete explanation of the various stages in the product life cycle (correct name of the stages but poor description). No response or the whole answer is false. 5. Which strategies a company should make regarding its portfolio of current and future products. What are the dimensions upon which a company manages its product portfolio? Criteria/ achievement levels Student should explain dimensions upon which a company manages its product portfolio. Good mark Average Mark Low Mark Marks: 100 Marks: 50 Marks: 0 Good and clear explanation of the various dimensions upon which a company manages its product portfolio (product mix width, product mix length and product mix depth). Student did not provide clear and complete explanation of the dimensions (correct name of the dimensions but poor description). No response or the whole answer is false. Assignment 2 Deadline: 04/04/2020 @ 23:59pm Course Name: Student’s Name: Marketing Management e.g. Abdulaziz Alkhuraydili Course Code: Student’s ID Number: MGT201 e.g.123456789 Semester: I I CRN: Academic Year: 1440/1441 H For Instructor’s Use only Instructor’s Name: Students’ Grade: Marks Obtained/Out of Level of Marks: High/Middle/Low Write Questions and Answers Here ...
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Final Answer

Attached.

Assignment 2
Deadline: 04/04/2020 @ 23:59pm
Course Name:

Student’s Name:

Marketing Management

e.g. Abdulaziz Alkhuraydili

Course Code:

Student’s ID Number:

MGT201

e.g.123456789

Semester: I I

CRN:
Academic Year: 1440/1441 H

For Instructor’s Use only
Instructor’s Name:
Students’ Grade: Marks Obtained/Out
of

Level of Marks: High/Middle/Low

New Product Development
The attributes and benefits of Fujifilm GF 100
Fujifilm GFX 100 is a product which was launched in the market in May 2019. There
are several attributes of Fujifilm GFX 100 and include an on-sense face recognition, 5-axis
picture stabilization and a continuous shooting up to 5fps. Other characteristics of the product
include a sensor with 102MP BSI-CMOS 44 x 33mm and a raw capture of 14 or 16-bits.
Fujifilm GFX 100 has some benefits to the users like highly improved autofocus and double
grip double battery designer (Fritz, 2019). Operating and controlling the product is easy
because of the well-polished interface, which gives a higher level of customization. There ...

Lincolvin (13525)
Purdue University

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