Also, producing a product at scale is fraught with all sorts of potential problems.
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Indeed, producing a product with the benefit of tighter integration often results in losing the first-mover advantage.
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For the uninitiated, each week two teams of celebrities are challenged to solve a business problem, such as positioning a new product, raising money, creating an event or producing a product promotion.
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The company is building a digital relationship with consumers and companies through photography while generating revenue through photo related goods and merchandise and producing a product that is by default a very viral object.
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Many factors go into the cost of producing a product, and in the past many companies became enamored with the cheap prices they could have parts and components produced, completely ignoring the total cost calculation.
An organization that encourages creative leadership at every level is more likely to find success than failure, whether in producing a product or embarking on a journey to change the world, even the world of Middle Earth.
The company is currently focused on producing a commercial product to be piloted by 2009.
This service-learning course gives students hands-on experience while producing a valuable product for an organization that serves the community.
She says that picking patterns and materials, customizing them to her own needs, and then producing a finished product was an excellent introduction to problem solving.
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Mr Howells said the plant had a strong track record of supplying lamb all over the world, and had expertise in producing "a top quality product".
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"If I wanted to make a similar product, it tells me who's capable of producing it, something that otherwise would have taken a long time to put together, " Aaron says.
Samsung has developed the practice of producing a wide range of products and has an aggressive product launch strategy.
What no one was doing, Workman realized, was producing a cheap, flexible and easy-to-maintain product that can handle the less essential tiers of data on any kind of network.
The product was a hit for Ferrero and his company began mass producing the spread.
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In an industry which has seen costs rocket and the value of its product tumble over the last 18 months, producing at less of a loss is welcomed.
Do you really need to be producing printed collateral for every product when your company is moving to more of a cross-product solutions focus, and customers are increasingly using digital media or are too busy to look at it anyway?
Today, any company thinking of producing a new kind of digital device must seriously consider the risk that such a product's functionality can be matched by smartphone-resident apps and a potential accessory (a lesson more recently learned by mobile e-mail appliance maker Peek, which has refocused its business on software and cloud services for other handsets).
How could anyone, you might wonder, not see the link between a dramatic reduction in the number of people producing the news and the thoroughness of that product?
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How strange, given the ease of producing a billion notes at a keystroke, that there should be any scuffling over ownership of a product as superabundant as algorithmic music.
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But the reality is that producing amazing customer experiences can require tradeoffs, like, say, delaying the launch of a key product (and its related revenue) or doubling your development staff (and your related budget) to meet that launch date.
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