Definitions (3)
2. Product development: A clear, detailed description of the attributes and benefits of a new product that addresses the needs of the targeted customers.
3. The reasoning behind an idea, strategy, or proposal with particular emphasis placed on the benefits brought on by that idea. Examples of concepts include the design for a new automobile or the pitch behind an advertising campaign.
Articles related to 'concept'
Business Tips
Locking In Customers
Customer lock-in (that is, their cost to switch to another provider) is an important concept in business. If lock-in is low you're less likely to be able to retain the customer, but if lock-in is thou ... Read more
Questions related to 'concept'
- what is the meaning of the following concepts,[research methods,methodology,epistemology and ontology]
- what is the meaning of the each concept(Bias,prejudice,inference,objective,stereotyping and tone)within a communication perspective?
- what is the meaning of the concept(stereotyping)within a communication perspective?
- what is concept of accumulated profit tax
- what is conceptual meaning ,connotative meaaning, attitudinal meaning and thematic meaning in semantics?
Related Videos
http://www.businessdictionary.com/definition/concept.html
