#234 As Talha’s consultant, you are required

As Talha’s consultant, you are required - Operations Management

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Free Chegg Question

As Talha’s consultant, you are required to do the following:

1. Tell Talha whether he is right or wrong about getting into the market without product testing. If you think he is right, explain. If you think he is wrong, what should he do?

2. Tell Talha whether he is right or wrong about mass production at the beginning. If you think he is right, explain. If you think he is wrong, what should he do?

3. Help Talha understand the types of customers that his company will attract over the lifetime of the flask. What should be Talha’s offering strategy for each type of customer?

4. Considering that Talha’s company can get to economies of scale, what strategies should Talha use to take competitors when the market gets saturated?

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Free Chegg Answer

Tell Talha whether he is right or wrong about getting into the market without product testing. If you think he is right, explain. If you think he is wrong, what should he do?

Talha is incorrect because he wants to go on the market without a product trial, because it benefits him, Measure the ageing effects on a flask controlled by temperature. The flask should be accelerated to ensure that the temperature controlled flask is time-tested.This will help him detect any defect in the temperature-controlled flask, and it will also equate his product with his competitors' possible risks.The product research can be extended to clients, which allows them to assess whether new products will be approved.Product tests allow Talha to understand whether a temperature-controlled vial is safe to use in general and whether its requirements are high.

Tell Talha whether he is right or wrong about mass production at the beginning. If you think he is right, explain. If you think he is wrong, what should he do?

I assume that he's right at the beginning of mass production because; It is economically productive, provided that in the economic phase of mass production the cost of materials and labour costs are lower and the overall expenditure per unit is lower.The production rate is high as the transport systems are advanced because particular goods are known and without human control are guided to the right location. Precision in manufacturing, since mass production is based on work repetition in order to produce products, thereby uniformizing the products.

Help Talha understand the types of customers that his company will attract over the lifetime of the flask. What should be Talha’s offering strategy for each type of customer?

Talha can draw the types of customers. Possible buyers are at the beginning of the sales funnel and he should treat them thoroughly to demonstrate interest in the example of the product that they can fill in the contact form. Thus Talha can demonstrate them the importance by taking advantage of their desires by showing them what the advantages are of the temperature-controlled flasks.

• These customers decide instantly to buy the goods, provided the conditions are right. By clearing the way and ensuring that they don't need a manual to purchase products on the website Talha will take care of these by.
• Fresh customers There are those customer who just buy the products and learn to use the flask regulated by the temperature. Talha should give this kind of customer an optional contact and can ask them about a product by taking some time to explain to the customers how the temperatures regulated bottle works and to make sure customers know how to use the bottle. It can also send you effective guidance
• Discounted customers are customers who do not seek a completely value, but may see value in the temperature-controlled flask. Tallha can answer this customer by adding value that makes him or her loyal to customers and therefore include all the relevant details about the temperature-controlled flask. Talha should clarify to them the deal, too.
• Customers with loyalty These are customers who are interested in returning for other products, may be brand ambassadors and introduce others to the industry. By providting love spreading networks, Talha will deal with these customers, which will attract more potential customers.

Considering that Talha’s company can get to economies of scale, what strategies should Talha use to take competitors when the market gets saturated?

In order for Talha to take competitors in a saturated market he should use strategies such as Following his competitors' moves, for example, by analysing what they do, what they do to please and make consumers satisfied and what they do.Talha is able to do this by evaluating the market by obtaining enough knowledge about its rivals and can use the information to analyse various factors.

To compare its offerings to those of its rivals, evaluate their advantages and drawbacks and see what they are trying to do to offer them and to do better with his company.Different from its rivals, consumers would like to know what makes their goods different from those of their rivals.The resolution of specific consumer concerns by recognising and presenting solutions to the actual customer's problems. Be innovative by introducing new ideas about how products can be changed and which the rivals can not easily imitate and which will make the products stand out in the market.