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  • Activity 10 - 2 (2) DSF

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    Indy Efu
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    Introducing a new product or expanding into a new market will require additional staff and training across several areas of the business. Extra factory workers and salespeople will need to be hired and trained. Production and transportation costs are expected to increase significantly due to greater volumes and distances to new markets. Promotional costs will also rise substantially to introduce the new product or market. Research and development expenses will be higher to create the new product, while retooling is needed for existing and new machinery.

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    Activity 10_2 (2)dsf

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    Introducing a new product or expanding into a new market will require additional staff and training across several areas of the business. Extra factory workers and salespeople will need to be hired and trained. Production and transportation costs are expected to increase significantly due to greater volumes and distances to new markets. Promotional costs will also rise substantially to introduce the new product or market. Research and development expenses will be higher to create the new product, while retooling is needed for existing and new machinery.

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    Attribution Non-Commercial (BY-NC)
    Download as ODT, PDF, TXT or read online from Scribd
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    9 views1 page

    Activity 10 - 2 (2) DSF

    Uploaded by

    Indy Efu
    Introducing a new product or expanding into a new market will require additional staff and training across several areas of the business. Extra factory workers and salespeople will need to be hired and trained. Production and transportation costs are expected to increase significantly due to greater volumes and distances to new markets. Promotional costs will also rise substantially to introduce the new product or market. Research and development expenses will be higher to create the new product, while retooling is needed for existing and new machinery.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as ODT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as odt, pdf, or txt
    of 1

    Resource Staff numbers Staff training

    New product Extra assembly line people in the factory Operators will need to be trained to use the new machines which will be required o change in methods. !ncrease in costs due to increased volume. ew machinery will have a new cost structure.

    New market Extra salespeople in new city and extra assembly line people in the factory Sales training needs to be revised to fit the requirements of the new market. Current induction program will train extra factory operators. Significant increase in transport costs because of extra distance to new market. Slight increase because of increased production. #dministration costs will increase because of distance of new market from office. Significant because a large marketing campaign will be needed to introduce to the new market. o technical $&D( but extensive market research required. one required.

    Distribution costs "roduction costs

    "romotional costs

    Small increase to produce information to be distributed to current customers. ew product will require extensive technical $&D. ew machinery needed and both new and current machines will need to be re) tooled for new product.

    $esearch and development %$&D' $e)tooling

    Activity 10_2

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