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BUSINESS CRITICAL THINKING QUESTION
Typology: Exercises
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In their advertising, businesses nowadays usually emphasise that their products are new in some ways. Why is this? Do you think it is a positive or negative development? Nowadays , advertisement stragetries are orientated to new output in any circumstance among entreprenuers.While there are an assortment of cogent reasons contributing to such an intricate issue, I firmly believe that its drawbacks outweight positive developments. One of the utmost imperative culprits to widespread advertisements of products- enhanced approaches are brand awareness and public concentration. Regarding the former, forstering the image of new makes is considered as an effective method in productivity increase and consumption due to public concerns of current products. Experiencing new kind of possessions provides customers a sense of achievement when they catch up the lastest products. For example, annual Iphone manufacture lauching new version has drawn an attraction from all slaves to Smartphone. Users are in long for being a first person purchasing these prestiguous Smartphone labels for showing their status and sophisticated lifestyles. However, it is undeniable that a myriad of potential disadvantages are followed by several advantages. Firstly, oversitmualtion in products’ authentic usefullness may lead to mistaken perception of its quality. This can arouse a heated debate in community belief and gain a dramatic social unrest. Furthermore, there is a stiff and non-humantarian competition with tricky businesss strageties amonng cooperations to hold a premier position on economic market. Law-violation and imprisonment are one of potential prospects occuring in this situation and causing a gradual economic eroison in the journey of contry growth. In conclusion, exaggerated adverstisement of new products may a potential threat to economic dowturn due to its loss of quality – advertisement balance. I think that more mutifaced and comprehensive solutions need to be encouraged for achievable approaches and proper progress in producing new products to customers.