Designs Case

designs, copyrights, and branding of Thomas Money Inc and FGI within the current and future economic markets (McConnell)

Product Differentiation and other cost saving measures

Product differentiation is achieved by ensuring an entity’s products are established from all other organizations within the market, which includes establishing a product mix appropriate to Thomas Money Service Inc. and FGI’s goals and objectives. The improvement of equipment through research and development in the nursing and hospital market through merging, acquiring, or investing in other existing and reliable organizations validates a strong product mix across various market. Thomas Money Service Inc. and FGI may reduce internal costs through various and simple methods which strengthens increase in revenue, profit maximization, sustaining applicable market pricing, establishing product mixes and differentiation through high quality. Some cost saving measures includes establishing a strong purpose toward product improvement and eliminating unnecessary areas of productivity.

In summary, to sustain the goals of continuing to be a competitive and profitable company this business proposal has considered the market conditions in which the company performs. The rate of success Thomas Money Service Inc. and FGI have maintained over the long years of performance provides the basis for the proposal made to increase revenue, employ profit maximization, establish product mix and differentiation, establish price and non-price barriers to market entry, and reduce costs. The design and strategic approach under the business proposal is to ensure the continuance, profitability, and stability of both Thomas Money Service Inc. and FGI providing a strong a basis for expansion, promoting growth, and development for future years respectively.

). Economics: Principles, Problems, Policies (18th