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Describe and discuss the two methods of allocating the revenues of a bundled package to the individual products in that package.Describe any special problems associated with the method.
Product Development
The creation of new products or improvements to existing products, including design, manufacturing, and marketing considerations.
Marketing Mix
A set of actions, or tactics, that a company uses to promote its brand or product in the market, commonly identified as product, price, place, and promotion.
Communication
The exchange of information, ideas, or feelings between individuals or groups through speaking, writing, or other methods.
Product Value
The worth or desirability of a product as perceived by consumers, often determined by its utility, quality, and the benefits it provides.
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