core product
(noun)
The core product identifies what the consumers feel they are getting then they purchase the product.
Examples of core product in the following topics:
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Benefits and Solutions
- The core benefit is what consumers feel they are getting when they purchase a product.
- The four levels of a product include: core, tangible, augmented, and promised .
- Both are legitimate product cores.
- Because the core product is so individualized, and oftentimes vague, a full-time task of the marketer is to accurately identify the core product for a particular target market.
- Once the core product has been indicated, the tangible product becomes important.
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World-Systems Theory
- Cape Verde is a peripheral country -- foreign investors allow for the extraction of raw materials and the production of cash crops, but all are for export to wealthier consumer markets.
- Core countries are capital intensive, have high wages and high technology production patterns and lower amounts of labor exploitation and coercion.
- They are the buffer between core and peripheral countries.
- Core countries extract raw materials with little cost.
- In the 11th century, international production and trade was dominated by the exchange of silk, and thus countries along the silk route were the dominant participants in the "world-system. " Today, with vast communications and transportation technology, virtually every society participates in the world-system as either a source of raw materials, production, or consumption.
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Development
- Development involves setting product specifications as well as testing the product with intended customer groups to gauge their reaction.
- The first is the applied laboratory research required to develop exact product specifications.
- The product concept is a synthesis or a description of a product idea that reflects the core element of the proposed product.
- The second aspect of market development involves consumer testing of the product idea.
- The product itself can be exposed to consumer taste or use tests.
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Introduction to Clean Production
- Banskia Food Products Pty Ltd. is a multi-million-dollar company in the Sydney, Australia, suburb of Moorebank.
- Afterward, the floors of the production areas became littered with apple cores and peelings that were then washed into drains using the excess juice derived from apple parts blanched in heated tanks.
- Steps were subsequently taken to collect and concentrate the excess juice, together with waste peelings and cores, for use as a sugar supplement in sauces and jams.
- Next, a new conveyer and a more efficient dicer were obtained that reduced product loss (and cleaning requirements) and helped to generate a 3% increase in product yield.
- (The Environmental Management Industry Association of Australia, ‘Cleaner Production Reuse, Recycle and Treatment Options – Banskia Food Product Pty Ltd')
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Global Inequality
- Brazil is the second largest exporter of agricultural products but 50% of its population is malnourished.
- The world economy is a system divided into a hierarchy of three types of countries: core, semiperipheral, and peripheral.
- Core countries own most of the world's capital and technology and have great control over world trade and economic agreements.
- Semiperipheral countries generally provide labor and materials to core countries.
- Core countries extract raw materials with little cost.
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Product Lines in Services
- By productizing a service it can be managed more like a product and various product lines can be created.
- There is a solution, however, to productize the service.
- Productizing a service means making the service look more like a product so that it is easier for customers to conceive, and thus buy.
- Service Product Management deals with managing a service product throughout its complete life cycle.
- The function is a core service business management function and is a mix of sales and marketing functions.
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Defining the Vision
- Corporate vision begins with a clear and concise understanding of who will buy the product or service produced by the company and what they want and need.
- It is simple and idealistic, appealing to core values.
- These can be personal core values or a company's core values.
- The core ideology is made up of core values and a core purpose.
- The core purpose of a company is it's "raison d'tre".
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Core Culture
- Core and observable culture are two facets of the same organizational culture, with core culture being inward-facing and intrinsic and observable culture being more external and tangible (outward-facing).
- The next level is values, which bridges the gap between observable and core culture.
- This is where observable culture begins to transform into core culture.
- In many ways, one could equate core culture with an individual's subconscious.
- Core culture has the same relationship with observable culture: core culture is created first, and ultimately drives the visible cultural aspects of the organization.
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Common Core Curriculum
- Common Core State Standards address the subject areas of English Language Arts & Literacy in History/Social Studies, Science, Technical Subjects, and Mathematics.
- Common Core State Standards address the subject areas of English Language Arts & Literacy in History/Social Studies, Science, Technical Subjects, and Mathematics.
- Since media and technology are intertwined with every student's life and in school in the 21st century, skills related to media use, which includes the analysis and production of various forms of media, are also included in these standards.
- The Common Core State Standards require that standards to be implemented within a "content-rich curriculum," however they do not specify the content that will comprise the curriculum.
- The Common Core State Standards website explains that some states plan to work together to create a common, universal assessment system based on the common core state standards while other states are choosing to work independently.
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Weight of the Earth
- Newton's law of universal gravitation states that every point mass in the universe attracts every other point mass with a force that is directly proportional to the product of their masses, and inversely proportional to the square of the distance between them.
- The force is proportional to the product of the two masses and inversely proportional to the square of the distance between them:
- Thus, if a spherically symmetric body has a uniform core and a uniform mantle with a density that is less than $\frac{2}{3}$ of that of the core, then the gravity initially decreases outwardly beyond the boundary, and if the sphere is large enough, further outward the gravity increases again, and eventually it exceeds the gravity at the core/mantle boundary.
- The gravity of the Earth may be highest at the core/mantle boundary, as shown in Figure 1: