Essay: Product Strategies

Essay: Product Strategies

Product description

The product seeks to provide managerial knowledge and skills in the proper management planning, financial planning, marketing and legal requirement for a business. Overall the product will equip those who are seeking to establish self employment the skills necessary to do so.

Product classification

The product is a service as it offers skills and training in the required courses in order to meet the standards of certification.

Likely adoption rate

Will be determined by

  1. the market’s immediate need for the training
  2. the marketing strategy used to market the product
  3. the duration of time to learn the knowledge and skills
  4. how long it will take for the skills to be used and the results obtained
  5. the availability of practical experiences to assist in understanding
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