Professional Documents
Culture Documents
PREFACE
True learning is born out of experience and observation practical experience is one of the best
types of leanings that one can remember throughout the life. After II semesters in learning
theoretical aspects of administration and management, the day come to apply these in corporate
world in content of modern industrial enterprise that has to go through its different terminal to
achieve that corporate goals. The main object of practical training is to develop practical
knowledge and experience and awareness about industrial environment and business practices in
area like MARKETING. It increases the skill, ability and attitude of a student to perform specific
As a part of MBA Circular and in order to gain practical knowledge in the field of management,
we are required to make a report on “An innovative product - SMART BAND”. The basic
ACKNOWLEDGEMENT
The research on an innovative product named as Smart Band. The knowledge and awareness
gathered coupled with the help and encouragement of my mentors has given me the impetus to
complete my project successfully and present it to the environment in the correct format.
This project report has not only helped me practically but also enlightened us understanding the
corporate world and their position in the present business world regarding the importance of print
media, its marketing and the impact of which can be clearly seen in the industry.
I convey my heartful affection to all those people who helped and supported me during the course
“I praise GOD the almighty for providing me this opportunity and granting me the capability to
proceed successfully.”
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
1.1. Background
There is nothing more beautiful in this world than toddler’s smile or watching them discover
something new.
The historical backdrop of toddlers has been a subject of interest in social history since the
Ariès in 1960. He contended "childhood" as an idea was made by current culture. Ariès examined
works of art, tombstones, furniture, and school records. He found before the seventeenth century,
Parents are too emotional physically or mentally in taking care of the small child. As we all know,
Mothers always used to engaged in household work, so it was very difficult to concentrate on the
child. Mothers were always afraid of when their child started touching or putting something
unknown. If the children are learning at a young age, then they do not know how dangerous which
thing is and the parents were unable to pay attention to the child due to their busy schedule. There
were many times when the child was ill and parents did not even know. Well, time slowly grew
up and parents have started working in today's time for their child’s bright future and started
leaving their child in the belief of nannies. But people had to face a lot of trouble in that too. After
the parents leave, they do not pay attention to the child and the child starts touching dangerous
things many times, which makes the child injured. And parents have to bear the consequences.
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Different researchers have accentuated how archaic and early current youngster raising was
impassive, careless, nor merciless. Wilson contends that with regards to pre-mechanical neediness,
real child rearing raising practices addressed proper conduct in the conditions. He focuses to broad
boost kid government assistance, and a wide clique of youth in strict practice.
In 2014, Ruth Feldman, a researcher in Israel and at the Yale School of Medicine, conducted an
experiment with her colleagues. They went into the homes of 89 new parents and collected samples
of oxytocin (the bonding hormone), and they recorded videos of parents interacting with their
newborns. Later, the researchers put the parents in a functional MRI machine and replayed their
videos back to them, observing which parts of parents’ brains “lit up” when they saw their own
The researchers found two main regions of the brain particularly active in new parents, both moms
and dads. The first is the “emotion-processing network.” This is located centrally in the brain and
it developed earlier in evolution than the neocortex. It involves the limbic, or feeling, circuitry and
includes:
• The amygdala, which makes us vigilant and highly focused on the safety and survival
of our newborns.
• The dopamine system, which rewards us with a squirt of the feel-good hormone to
All together, this network creates more emotions in parents for their own newborns. Other
researchers, Laura Glynn and Curt Sandman, add that these regions actually grow in density (or
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gray matter) in new mothers, and that that growth is associated with more positive feelings toward
their infants.
Toddlers are those kids who are in their growing age experiencing every detail of life from eating
speaking , walking , etc. These children tend to touch every other object as it’s a sign that they are
growing up. Babies tend to touch every object as they explore the world around them by the sense
of touching only. They gather information by touching different objects so parents should never
deny their children from doing such things which makes them happy and enhances their
development. However, as evident in these modern days both parent stay busy so its very hard to
keep a watch on the child that’s why people appoint nannies to take care of their kids specially as
they may touch any hazardous object also which can be dangerous. But now all worries of the
parents will be finished as a smart band for toddlers will be introduced which will make the parent
aware of any kind of dangerous instance which their child might be facing(Fernandes and
Brandão., 2016).
This band will be tied in the hands of the kid , there will be sensors which could detect if he or she
is approaching fire or touches any electrical appliance or socket in open condition or if the child
tends to climb the balcony and raises his head. The band will relate to the guardians through
Bluetooth facility and can send them a SOS message so that appropriate action cam be taken. A
complete marketing strategy will be designed to sell this product in the market so that more and
The theory of competitive advantage is defined as an approach for sales and marketing process in
which the focus of any organisation will be to produce and deliver high quality products at a
competitive cost. To keep the cost low , the available resources should be used which can be made
available locally within the country and there is no need to get it imported. When the resources get
dependent on a specific geographical location then it becomes hard to maintain low cost of product.
The focus to deliver quality products can be made by producing a product which is better then the
competitors available in the industry , a different approach is required to establish that better
quality can also come with an affordable price as compared to those other competitors who sell
inferior quality products at damn cheap prices. Consumer satisfaction can only be attained by
delivering quality products as nowadays the client is very knowledgeable. He already has different
options of products in his mind , does the research and development to buy the product which suits
his budget and utility factor so companies cannot fool them around (DIMITRESCU et,.2018).
As the product which will be introduced in market has hardly any competitor as of now but surely
once the product is launched more companies will come up trying to build more innovative
product. Hence its essential to know who the direct and indirect competitors are. There could be
some companies who would be selling the same kind of product at a cheaper price to the same
target audience which the smart band for toddlers is approaching. However, the companies which
sell smart watches can serve as indirect competitor as it might not take too many efforts to inbuilt
A. UP by Jawbone
Fig. 2.1.1
UP4 by Jawbone is a model wrist band that uses bio-impedance sensors to catch signals, for
example, pulse, developments, internal heat level, and galvanic skin reaction (GSR). It can latently
track and record client exercises, for example, strolling and running and furthermore has the
capacity of rest observing. There are five bio-impedance sensors situated on the inward side of the
band that measure the opposition of the skin tissues to ascertain pulse. Different sensors in UP4
incorporate a triaxis accelerometer and temperature sensors (separate sensors for skin temperature
and encompassing temperature). Being a wrist band UP4 doesn't have a screen. The information
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is noticeable through the cell phone application that is accessible for the two iOS and Android.
Like most shrewd watches, UP4 wrist band utilizes a battery of type Li-Poly with a limit of 38
mAh that is professed to support for 7-8 days without charging. Nonetheless, we feature that
contrasted with savvy watches, wrist groups have batteries with less limit as they don't have huge
presentation screens. Being an exclusive stage that doesn't permit third gatherings to create
applications, subtleties are less thought about UP4's working framework and the CPUs utilized.
Significant impediment of UP4 includes its failure to gauge constant pulse as there is no optical
pulse sensor. All things being equal, it estimates two kinds of pulses; resting pulse also, inactive
pulse. Resting pulse is the estimation taken not long before the wearer gets up in the first part of
the day and aloof pulse is estimated indiscriminately times during the day at the point when the
wearer is standing by. While these two estimations give a decent sign of one's overall medical
issue, at times it is imperative to cheer up rate estimations during exercise meetings which isn't
B. Nymi band
Nymi conveys a wearable, multifaceted authenticator gadget that improves security and
environment wearable to build efficiency, security, and wellbeing and wellbeing challenges in one
Fig 2.1.2
Wearable multifaceted authenticator gadget for drug fabricating offices Nymi's biometric-based
client verification working environment wearable, the Nymi Band tends to basic business needs
This imaginative wearable gadget guarantees that staff are constantly validated all through their
workday. This furnishes an undertaking and its controllers with certifiable virtual endorsements to
verify activities acted underway and research facility settings. Multifaceted biometric confirmation
likewise guarantees that each Nymi Band just works while on the wrist of an affirmed
Administrator logins and online endorsements are a critical territory for profitability
administrator work process. Nymi Band and the Nymi Enterprise Edition offers secure, remote
confirmation to trade the requirement for passwords and paper marks. Logins are supplanted with
a solitary activity that requires a couple of moments. This builds administrator efficiency, client
The time saved by lessening login times and eliminating client verification mistakes (fizzled
conditions.
Nymi Band clients have ceaseless verification that is completely utilitarian when wearing gloves,
cleanroom articles of clothing, or clean suits. It gives consistent association producing execution
Market segmentation is a marketing model which separates the entire market set up into minor
market segment includes of people who believe on the identical areas and have comparable
concerns. The basis of this segmentation lies in selecting the gender , age group, income divisions
like high low and middle standards , marital status and sometimes the occupation also matters. The
marketing segmentation for smart band for toddlers will look for the young parents who are
parenting their kids (1-3 years) and the marketing strategy would be focussed on the
kids(Camilleri, 2018).
The smart band will be focussed on psychographic segmentation in which the lifestyle of people
will be the focus. The parents lifestyle will be the core of the marketing strategy , their attitude of
saving their kid from every hazard of the world will pursue them to buy the product. The company
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will also focus on the customers who are loyal towards Apple and are using this product since
many years. Collaboration with Apple watches will give a key advantage to smart band as
partnership with a world-famous brand can always help a new product which is getting ready to
launch. This kind of segmentation is termed as behaviouristic segmentation where the customers
Brand positioning is the process of positioning the brand in the minds of the client. The aim is to
generate a distinctive sense in the consumer's mind so that the client connects something special
and attractive with the brand that is different from rest of the market. To enable the brand in the
market , a brand positioning statement is required to create an initial awareness in the mind of the
customer. It can be a slogan that distinguishes the product from others. For instance, the positioning
The next step in this strategy is to identify the direct competitors who pose a direct thereat for this
brand. In this context the direct competitors can be the companies who can introduce a similar kind
of product at cheap prices. To withstand the need to establish the brand in the market its important
to know how the smart band differentiates itself from others. As its an innovative product , as of
now there is no major competitor who has this idea of introducing a product. It should also know
whether the mothers are willing to buy the product or not, that is knowing their perceptions. This
product is focussed on parents who are raising their toddlers, so the target audience is fixed. Of
course, the product motivates the parents who are willing to know whether their kid is safe or not
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at home. This product delivers a quality which will ensure a long-term success for this brand.
Collaborating with a brand like Apple will establish the brand in the industry which will minimise
the possibility of other competitors to spoil the brand’s position in the market.
The consumer Adoption process is a tactic to make cognizant of a product, generate concern
amongst the consumers, arrange a testing run to verify how the product is working and at the end
permitting the clients to embrace the product. This approach will never alter regardless of expertise
change, market situation changes or of any kind. In this modern world , the consumer has become
very smart and intelligent on what he or she requires so it becomes very important to devise an
innovative strategy to sell the product. In this scenario to sell the smart band there would be 5
should be done . The smart band can be promoted through advertisements in different
2. Interest of Product: The smart band will have to create an interest in the minds of the
consumer, and it can be done through internet , social media , retailer, or the current
3. Evaluation of Product: The parents who are the target audience will compare the smart
band with other products which are available in the market however as of now there is no
major competition.
4. Trial of the Product: The smart band needs to be tried on a set of consumers and feedback
needs to be gathered from the retailers who are selling this product in the market.
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5. Product adoption: The smart band has been promoted enough and the feedback has also
been gathered from a set of consumers who used it. Now it is time to launch the smart band
The full adoption process may take time from few weeks to some months in which the promotion
process will create an awareness in the minds of the consumer so that they can buy the product
CHAPTER 3: METHODOLOGY
3.1 Introduction
Research methodological chapter is considered to be highly crucial in every type of research. The
main effectiveness of this chapter is that it reflects the type of tools and techniques employed for
conducting the study. The present research focuses on determining the effectiveness of the
different social media applications and its role in international business management. Further, for
attaining the aim of the research different methodological tools have been selected. Researcher has
focused on obtaining both primary and secondary information and through this it has become
possible to gather adequate amount of information that is crucial for conducting the investigation.
Research design is mainly regarded as the methods and framework selected by the researcher.
Mainly with the help of research design it becomes possible for the investigator to understand
about the type of research like whether it is survey, correlational or any other (Mohajan, 2018).
Generally, when the research design is impactful then it creates minimum bias in the data and at
the same time level of trust increases in the accuracy of the collected data. Mainly some essential
elements of research design are present and they are very crucial. The key elements are methods
applied for analyzing the collected details, timeline, purpose statement of the research, methods
for collecting and analyzing the overall research and at last measurement of the analysis. Selection
of right research design helps a lot in attaining the aim and objectives of the research.
Different type of research designs are descriptive, experimental, correlational, explanatory etc. In
the case of descriptive design researcher mainly focuses on describing the situation and this type
of design is theory based that is mainly developed by analyzing, gathering and presenting the data
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in a systematic manner (Ørngreen and Levinsen, 2017). Experimental design helps a lot in
establishing the relationship between cause and effect of a situation. Through this design it is
possible to understand the impact caused by independent variable on the dependent one.
Explanatory design utilizes the thoughts and ideas on the particular subject with the motive to
In the current investigation descriptive design has been selected by the researcher. Mainly, with
the help of this design researcher has focused on describing the effectiveness of the social media
applications for the global firms. It is possible for the readers to understand about the pros and
cons of social media and accordingly businesses at international level can utilize various platforms
for their benefit. Other designs are not applicable in the current investigation such as experimental
Research approach highlights the plan and procedures for the research that spans steps from the
broad assumptions to the detailed technique of data collection, analysis and interpretation.
Research approach is mainly segregated into three main types that involves inductive, deductive
and abductive. All these approaches differ from each other. In the inductive approach the study
moves from specific to general form, in deductive one it is vice versa and in abductive interaction
between general and specific takes place (Zangirolami-Raimundo, Echeimberg, and Leone, 2018).
With the assistance of inductive approach it is possible to explore phenomenon and at the same
time themes are formed. In deductive approach data collection is mainly utilized for evaluating the
propositions and at last in abductive approach themes are identified and conceptual framework is
built.
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In the current investigation researcher has focused on selection of inductive approach and it is
directly applicable in the present study. Research has been carried out specifically for the
international firms operating in UK. Different international companies have been selected for
carrying out investigation and the findings of the research are applicable to the other international
businesses also operating in the market. In this case inductive approach is beneficial as through
the data collection researcher has focused on development of the themes that represents the key
results. On the basis of data collected researcher has formed conceptual framework and it is highly
beneficial for the entire investigation. Mainly deductive and abductive approaches are not
applicable in the current study considering their attributes and along with this evaluation of the
This area is most important in the research where information is collected so as to attain the key
objectives associated with the study. Further, the two main sources of data collection are primary
and secondary that supports in obtaining adequate information of information selected for the
investigation. Primary information is collected for the first time and data is not at all utilized in
any other investigation (Basias and Pollalis, 2018). Primary data source is regarded to be more
reliable in comparison with the secondary one as the former information is collected from the
reliable and trusted source. The main sources of obtaining primary information are interview,
survey, observation, focus group etc. All these techniques support a lot in obtaining up to date and
reliable data. On the other hand, secondary data sources are present that involves books, journals
and online articles. This kind of information is already published and utilized in different research.
In short, the research done on the same topic by different authors is taken into consideration in the
In the current investigation researcher has focused on considering both the sources of data
collection. Primary information has been obtained with the help of survey. Researcher has
designed questionnaire that involves both open and close ended questions. International companies
operating in the UK market have been taken into consideration for obtaining primary data.
Questions have been framed keeping in view the social media usage of the international firms.
With the assistance of survey it has become possible to know how social media applications are
utilized by international firms and the kind of benefits they are able to obtain through this.
On the other hand, secondary sources have been taken into consideration. The key sources from
where data has been obtained involve online publications, books and journals. These sources have
supported in knowing about the pros and cons of the social media applications and their
3.5 Sampling
This part is associated with selection of respondents from whom information is collected in the
research. Selecting right respondent for obtaining data is most valuable in the study as it helps a
lot in attaining the research objectives. Two main sampling techniques are probability and non
probability (Kumar, 2018). In the probability sampling technique the key methods are simple
random, systematic, stratified and cluster. In the simple random technique every individual in the
population has equal chance of being selected. In systematic technique individuals in the
population are selected at regular interval, in stratified sampling individuals are divided in group
On the other hand, in non probability sampling technique the key methods are convenience, quota,
judgement and snowball. Considering the convenience sampling technique respondents are
selected on the basis of their convenience or as per their availability. In quota sampling
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interviewers are given quota of subjects, in judgement sampling main area of focus is on judgement
of the researcher.
Considering the current investigation researcher has focused on adoption of non probability
sampling technique where convenience sampling method has been adopted. Data has been
obtained from the marketing managers of 20 different companies where 5 managers have been
selected. So, total sample size is 100 individuals and they have been approached on the basis of
their availability. Hence convenience sampling technique is highly effective for the present
investigation.
This area is linked with analyzing information so as to know about the results obtained from
conducting the investigation. Two main techniques of data analysis are qualitative and quantitative
and they represent the results obtained from the research. In the qualitative technique content
analysis is carried out where the information is present in non numeric form. In this type of data
analysis technique themes are formed that represents the actual results (Basias and Pollalis, 2018).
On the other hand, quantitative technique is somehow different and in this type of data analysis
technique statistical methods are undertaken for analyzing information. For analyzing the data
computation of mean, mode, median etc takes place and this supports a lot in knowing about the
results obtained.
Considering the present investigation researcher has utilized qualitative technique. Results of the
survey have been represented by forming themes and at the same time content analysis has been
carried out. Information has been represented with the help of charts such as bar, pie etc and along
with the responses of the respondents have been recorded in the table. So, this is the technique that
Research type mainly supports in knowing about the nature of the study. The main research types
are qualitative and quantitative. Mainly the qualitative research is utilized so as to gain
understanding about the motivations and opinions (Kumar, 2018). The best part of this type of
research is that it helps in providing insights into the issues for the development of the ideas or the
hypothesis and in turn the entire research is carried out in a systematic manner through this. The
data collection methods that are utilized in the qualitative study are interview, observation etc and
On the other hand, quantitative research is somehow different where it is based on the numerical
data. Main motive of this type of research is to identify the behavior, attitude, opinion etc of the
people. In this type of research measurable data is utilized for formulating the facts. Survey is one
The current investigation is quantitative in nature where data has been obtained with the help of
survey and at the same time numerical information has been collected through this technique. With
the help of numerical information it has become possible to know about the relevance of social
media in the management of the international businesses. Furthermore, data has been presented by
forming charts such as pie, bar etc and through this readers can easily understand about the data
collected.
Limitations in the research represent the attributes of design or the methodology that influences
the interpretation or the key findings of the investigation (Kumar, 2018). Further, limitations are
mainly the constraints associated with the investigation. In the current investigation also certain
limitations are present. One of the main limitations is time where researcher has to obtain primary
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data from the different companies and it is time consuming process. Sometime the managers of
the firm are unable to devote time from their busy schedule and their participation in the research
becomes difficult. Hence, time is one of the main limitations associated with the present
investigation. Another main limitation is cost where in the various areas cost is incurred such as
conducting survey, approaching individual participants etc. So, cost is also the key limitation
Another main research limitation is presence of secondary sources for conducting investigation.
The secondary sources on the topic selected were limited and this hampered the data collection
process. Therefore, these are some of the main limitations that are associated with the present
investigation.
Ethics play most important role in the research as it represents what is right and wrong. Certain
ethical norms are present in the research such as securing the data of the research, no disclosing
the information of the participants to the third parties etc. It is highly important or valuable to
adhere to the ethical norms as it helps in promoting the aim of the study such as truth, knowledge
etc.
In the current investigation researcher has strongly focused on managing ethics. Certain ethical
issues have been raised in the study as researcher has obtained primary information from the
managers and in this case managers do not prefer to share confidential information of their
company. Hence, this ethical issue is managed or tackled by the researcher by storing and securing
the confidential information in a private place. IT systems have been utilized for storing
Secondly, secondary information sources have been considered for data collection and it has been
ensured by the researcher that all the sources are taken from the reliable sources and they are newly
published also. Sources that have been published after the year 2015 have been considered in the
investigation.
3.10 conclusion
Hence, all the research methodological tools have been selected on the basis of nature of the study.
Further, both primary and secondary sources of data collection have been considered by the
researcher and this has supported in obtaining adequate amount of data. Additionally, data analysis
technique is qualitative where thematic method has been adopted. By applying all the
methodological tools in an appropriate manner it has become possible to attain the objectives of
the investigation.
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Wrist bands are the other popular category of wrist-worn wearable devices. While there are
similarities with smart watches, wrist bands are designed specifically to track a focused set of
health and fitness activities. As a result, most wrist bands do not have a display screen for
notifications or have a limited form factor compared to smart watches that aim at replacing the
conventional watches.
It is the band that utilizes bio-impedance sensors to capture signals such as heart rate, movements,
body temperature, and galvanic skin response (GSR). It can passively track and record user
activities such as walking and running and also has the ability of sleep monitoring.
There are three different sensors located on the inner side of the band that measure the temperature
around the user, position of the user and hazardous object nearby users. Being a wrist band it does
not have a screen. The data is visible via the smartphone app that is available for both iOS and
Android. Similar to most smart watches, this wrist band will use a battery of type Li-Poly with a
capacity of 38 mAh that is claimed to sustain for 7-8 days without charging. However, we highlight
that compared to smart watches, wrist bands have batteries with less capacity as they don’t have
large display screens. Being a proprietary platform that does not allow third parties to develop
applications, details are less known about it’s operating system and the CPUs used.
Unlike smart watches which usually come with an operating system, wrist bands are more designed
as embedded systems and some hardware details about them are not publicly available.
The three different sensors which are embedded inside the wrist band are as follows
1. Temperature sensors
and provide signals to the inputs of control and display devices. They are devices to measure
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temperature readings through electrical signals. The sensor is made up of two metals, which
generate electrical voltage or resistance once it notices a change in temperature. The temperature
sensor plays a critical role in maintaining a specific temperature within any equipment used to
make anything from medicine to beer. To produce these types of content, the accuracy and
responsiveness of the temperature and temperature control are critical to ensuring the end product
is perfect. Temperature is the most common physical measurement type in industrial applications.
Accurate measurements are vital in ensuring the success of these processes. There are many
applications that are not-so-obvious, which use temperature sensors. Melting chocolate, using a
blast furnace, controlling a hot air balloon, freezing substances in a lab, running a motor vehicle,
Temperature sensors come in different forms, which are used for different methods of temperature
management. There are two categories of temperature sensors which are contact and non-contact.
The Resistance Temperature Detector (RTD) is known as a resistance thermometer and measures
the temperature by the resistance of the RTD element with the temperature. The metal can be made
of different materials including platinum, nickel, or copper. However, platinum is the most
The Thermocouple is a sensor made up of two wires with two different metals connected at two
points. The voltage between the two wires reflects the change in temperature. Although the
accuracy can be slightly lower than an RTD, they have the most extensive temperature range from
The thermistor displays a precise, predictable, and large change in the alteration of various
temperatures. With this large change, it means the temperatures are reflected very fast but also
very accurately. With this large and fast nature, the NTC thermistor does require linearization – so
mercury-filled glass tube. However, there are several types of thermometers available: Glass
Thermometer: as above mercury/ ethanol glass tube. Ethanol is now the main liquid used in these
thermometers.
Bi-Metal Thermometer: this thermometer type consists of a connected gauge and stem. The tip
of the sensor has a spring that is attached to a rod, leading up to the gauge needle. The spring sits
inside the stems sensing end. When heat is applied to the sensing coil, movement in the coil is
created which causes the needle in the gauge to move – thus displaying the temperature.
Gas-filled & Liquid Thermometer: These thermometers are similar in terms of how they work.
There is a bulb either filled with gas or liquid. This is situated inside the sensing end of the probe.
When heated, the gas expands/liquid heats up which signals the attached rod to move the needle
temperature detector (RTD). The temperature is measured using the probe (sensing end) and
Infrared sensors determine temperatures from a distance, by measuring the thermal radiation
emitted by an object or heat source. The applications for these are often in high temperatures or
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hazardous environments where you need to maintain a safe distance away from a particular
body. Thermal imaging and infrared sensors are the most common type of non-contact
temperature sensors, and are used in the following circumstances: Fever detection or when the
target object is moving (such as on a conveyor belt or within moving machinery), if it’s a great
extremely high temperatures where a contact sensor would not function appropriately.
To simplify, a temperature sensor does just that, it senses the temperature of any content needing
2. Position sensor
sensor may indicate absolute position (location) or relative position (displacement), in terms of
There are different types of position sensor; the main types come under the type of movement they
Linear position sensors convert linear movements or measurements into output signals for
processing. Linear position sensors are all around us. Linear position sensors use different types
of technology to ensure they are taking measurements in the best way for the application in hand.
They can be either contacting or non-contacting; non-contacting linear position sensors are
wear-free and therefore offer a longer life but typically are higher in cost.
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Rotary position sensors convert rotary movements into output signals. Like linear position sensors,
Rotary position sensors can also be single turn or multi-turn so depending on the degree of rotation
Each different type of position sensor uses a different type of technology. Some of the more
Hall effect - more popular with rotary sensors but can also be used in linear sensors, non-
contacting technology.
Eddy Current - inductive non-contacting measuring method for linear and rotary movements
Positek PIPS - one of our sister companies; non-contacting technology for either linear or rotary
measurements.
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Position sensors are used in many applications, they are used across industries such as; automotive,
motorsport, medical, agriculture, robotics, industrial processing, mobile vehicle, test and lab
applications, food & beverage, packaging, machine tool, wrapping and many more.
• Labelling control
• Used on Segway’s
• MRI machines
3. Motion sensor
A motion sensor (or motion detector) is an electronic device that is designed to detect and
measure movement. Motion sensors are used primarily in home and business security systems,
but they can also be found in phones, paper towel dispensers, game consoles, and virtual reality
systems. Unlike many other types of sensors (which can be handheld and isolated), motion
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sensors are typically embedded systems with three major components: a sensor unit,
an embedded computer, and hardware (or the mechanical component). These three parts vary
in size and configuration, as motion sensors can be customized to perform highly specific
functions. For example, motion sensors can be used to activate floodlights, trigger audible
There are two types of motion sensors: active motion sensors and passive motion
sensors. Active sensors have both a transmitter and a receiver. This type of sensor detects
motion by measuring changes in the amount of sound or radiation reflecting back into the
receiver. When an object interrupts or alters the sensor’s field, an electric pulse is sent to the
embedded computer, which in turn interacts with the mechanical component. The most
common type of active motion detector uses ultrasonic sensor technology; these motion
sensors emit sound waves to detect the presence of objects. There are also microwave sensors
(which emit microwave radiation), and tomographic sensors (which transmit and receive radio
waves)
Unlike an active motion sensor, a passive motion sensor does not have a transmitter. Instead
of measuring a constant reflection, the sensor detects motion based on a perceived increase of
radiation in its environment. The most widely used type of passive motion sensor in home
security systems is the passive infrared (PIR) sensor. The PIR sensor is designed to detect the
infrared radiation emitted naturally from the human body. The receiver is contained in a filter
that only allows infrared to pass through it. When a person walks into the PIR sensor’s field of
detection, the difference in radiation creates a positive charge within the receiver; this
perceived change causes the sensing unit to send electrical data to the embedded computer and
hardware component.
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CHAPTER 5: FEASIBLITY
The blend of new and old practices, such as antiquated propensities, new life-cycle climate,
hierarchical changes, and mounting guidelines, has expanded the intricacy of the item
improvement endeavors. The intricacy results from five fundamental sources: inborn item
furthermore, network intricacy, and a labyrinth of particulars counting global guidelines and
security. In the course of recent years, varieties, assortments and intricacies of new item
unpredictable." While simultaneously, the time to showcase angle has contracted (Prasad, 1994).
This is appeared in Figure 1. The evolving economic situations (like worldwide assembling,
economy, and new advancement), and worldwide intensity are making the timeto- market a quick
contracting objective. Today, an vehicle – with intricacy a few times higher than previously – can
be produced in less time (regularly under three years). The equivalent item, about a large portion
of 10 years prior, used to take more than five years to bring into the commercial center. While, its
intricacy ten years prior, by the present norm, could be described distinctly as "straightforward."
The workstation market is another genuine model. With new development in chip innovation,
workstation organizations have consistently abbreviated the time between new item presentations.
In 1985, when another focal preparing (CPU) was presented, it was very imaginative – yet was no
place near the present standard in intricacy. Like clockwork from that point, another CPU, twice
as perplexing was presented at multiple times the presentation at generally a large portion of the
cost. In 1988, a four times as mind boggling furthermore, multiple times quicker CPU was
33
presented at a quarter of the cost in a year time frame. In 1990, the improvement cycle for another
multiple times quicker CPU was presented in just a multi month period of time almost at
1/sixteenth of its 1985 cost. This sort of pattern continues for some different items too. The normal
improvement time for a reduced circle (CD) player today is nine months, a PC is 14 months, and
an information based designing (programming improvement) framework goes from two to four
years. Among the web of such intricacy, it is barely noticeable that the prerequisites of the client
are likewise evolving continually. The client is likewise getting more modern. Each time an
organization satisfies the client needs in an item, the degree of clients' assumption likewise climbs
an indent. They request tweaked items all the more intently directed to their own, social and social
tastes. The equivalent is valid for the assumptions for the exhibition pointers talked about by Prasad
(1996). Items go downhill rapidly, clients' energies disappear, and requests decrease. There is an
extraordinary threat that an item presented following not many long periods of its improvement
may not stay alluring for the market that existed at the dispatch time. Deliberately, presenting new
items at successive spans is additionally not a decent business arrangement. New items require
critical interests in upgrade, retooling and producing costs. Improvement costs comprise for the
most part of uses for representatives, uphold staff and testing. These costs will in general increment
relatively with the general time taken to finish the plan. Consequently, most makers have focussed
on shortening the time taken for new models to be planned and tried. Toyota, for instance, has
focused on diminishing the normal improvement season of its auto from 30 months to year and a
half by this year-end. US Department of Defense (DOD) Computer- Helped Acquisition and
innovation that can help conceivably bring down turn of events and operational expenses while
New item acquaintance is comparative with the improvement part of progress the executives
book – Volume I (Prasad, 1996). The item acknowledgment measure in new item presentation
includes iterative and various consolidation of changes across various components of the end item,
including all parts of life cycle contemplations. These are: concurrent change the board from its
underlying stage; life cycle design the board; and inclusions of a few "new apparatuses and
innovation" along the route in item and cycle zones. The concurrence supports adherence to add
up to quality the executives and other consistent cycle improvement change methods of reasoning.
Such adherence necessitates that a reasoning of progress be kept up to give a premise to the item
going through persistent change. A shortcoming of new item presentation is the passed time needed
to put up the item for sale to the public. Numerous producing organizations are losing the serious
race around there to the fast and viable execution measure which other fruitful organizations (for
Simultaneous designing gives an approach to bring the item into the commercial center early.
Those organizations that carry their item into the commercial center before their rivals, wrestle
conditions power producers incidentally to lose piece of the overall industry to their rivals.
35
Similarly as with the "huge 3" (Ford, GM and Chrysler auto producers in USA) the little van and
medium size vehicle truck market were intensely thought little of in the mid 1990s. This made
customers sit tight for the smaller than normal van, or purchase little vans and trucks from the
contenders. Sports vehicles with convertible tops were additionally thought little of for 1994 deals
of the Ford Mustang and GM Pontiac TransAm. Let us denote the sales volume of two very similar
company
Fig 5.1
Se (t) = sales volume of company E, which introduced its products early to the marketplace.
36
Si(t) = sales volume of company L, which introduced its products late to the marketplace.“e” and
“i” are prefixes in the above nomenclatures come from “early” and “late.” t = 0; when company E
introduced its
Market share is the ratio of the sales volume of particular company to the total sales of all the
companies, which are producing competitive products for that market. The total sales are
equivalent to the total consumption of a section of consumers or buyers. Market share or sales
Piece of the overall industry is the proportion of the business volume of a specific organization to
the absolute deals of all the organizations, which are delivering serious items for that market. The
complete deals are comparable to the complete utilization of a part of customers or purchasers.
The organization E had a 100% piece of the pie up to time T. After time T, organization L presented
its item and the market was shared between the two organizations. On the off chance that the
organization E were overseen effectively, it could in any case appreciate higher pieces of the
37
overall industry. The prior an item is presented by an organization, the better are its possibilities
for accomplishing and holding a bigger piece of the overall industry. How long such pieces of the
overall industry stay strong relies upon numerous variables that are examined in the later piece of
this paper. On the off chance that the clients have acknowledged critical profitability upgrades
with this early presentation of the items into their association, they tend to keep utilizing it and put
more into it. This will in general have an extremely beneficial outcome on the subsequent deals
volume of the organization E. When another serious item was presented by a contender,
This is shown in Equations (1) and (2). The locked in sales volume at time T is as follows:
The business life of the item is likewise expanded by a timeframe T because of early presentation.
On the other hand, a one month slip in productintroduction (or advancement delay) is one less
month of deal. The second advantage of early presentation is the cost and cost favorable
circumstances. The greater part of the benefits from effective items are figured it out ahead of
schedule after their presentation (see Figure 5). There are numerous perspectives to what a cost is.
In this paper, a direct perspective on cost is utilized for effortlessness. Cost, from the viewpoint of
the merchant, is seen in this paper as the amount of the expenses caused in plan and creation in
addition to a sensible increase edge or benefit. In general the selling price of the product is several
Company Cost = Marketing Planning Cost + Design Development + Cost of Component Sub-
assemblies + Assembly Cost + QC/Inspection Cost + Investment Tooling Cost + Production Cost
Fig 5.2
Figure 5.2 shows conceptually the plots of the unit costs and market price of a product introduced
by companies E and L and drawn against time. For the purpose of discussion, let us denote:
Thus:
In the above conditions, it is expected to be that the improvement costs are unitized. In the
nonattendance of genuine expenses, an organization can gauge these "unitized costs" in light of
either some anticipated deals volume, statistical surveying, or from authentic information for an
item being supplanted. At the point when an item is presented late on the lookout, most such
organizations keep its (item) value lower than what their initial rivals are requesting a comparable
In Figure 5, it is additionally accepted that because of rivalry, costs of the items can't be set
extremely far separated. The opposition has constrained the two organizations to set an extremely
"serious" cost of their items. This is interpreted as meaning that costs of the items are near each
other to a moment that the items are thought of to follow a "solitary value bend" line called "market
value" P(t). Cost bit of leeway of ahead of schedule presentation with unit offer of the item is hence
Absolute expense of the items can be gotten by increasing the business volume and the unit item
cost. At the point when another item is presented (that is during an underlying period 0 < t< T),
there is typically no or almost no opposition. The organization has seriously estimating opportunity
and subsequently can summon better benefits edges. The absolute net revenues (TPM) of the two
At time t< T;
t< T (10)
TPM for company L = 0; for t< T, since the product does not exist.During T< t< Tlife, total profit
t> T (11) and total profit margins for company L at any time after t> T are:
t> T. (12)
Thus, as shown in Figure 5, total profit advantage (TPA) of company E over company L can be
If the sales volumes are the same for both E and L companies (say S), then:
where the figure in the bracket represents the cost advantage of early introduction for a single unit
of the product. Figure 5 shows that market cost of the item, P (t), diminishes with time, which is
typical to expect in a serious climate. The outcome is that after time T, the expense advantage hole
between the early and late presentations limits consistently. There is as yet an expense advantage
between the two; nonetheless; the TPA hole is more modest. Besides, there could be auxiliary
advantages of being first, like early obtaining of the assembling ability or being ahead in the
expectation to learn and adapt. Different advantages incorporate having the opportunity to respond
for market change, or respond to change in item center, and so on For certain items that have high
exchanging costs, the advantages of early presentation are even bigger. Other than the undeniable
expense advantage, which comes from early presentations, it has the capability of acquiring clients
who keep up their devotion because of the innate expense trouble of changing to other serious
items.
Their dedication regularly makes a leftover deal trail, which can remain genuinely uniform.
Leftover deals trail is the base deals volumes, if no newsales were made after time t > T. In the
event that an organization new deals projection is superimposed over its leftover deals
characteristic, it gives what most extreme deals volume organization E can anticipate. Thusly an
early presentation gathers deals speed, which is brought through the later piece of its lifecycle.
As indicated by McKinsey and Co. (Musselwhilte, 1990), a cutting edge item that arrives at the
market a half year late, even on financial plan, will acquire 33% less benefit more than five years.
42
On the other hand, completing on schedule, however 50% over financial plan, will lessen the
The cumulative profit margin over a period of time (t= Tn) can be obtained by integrating the
t= Tn
Company E: (R&P)
t=0
t = Tn
t=0
In any case, there are numerous circumstances that may influence the business volume life-cycle
bend. Monetary factors, market patterns and item quality are a portion of the significant models.
Financial factors like downturn, high expansion, or on the other hand high loan costs can change
(increment or decline) the item's life cycle as far as deals volume. Market patterns like yearly
occasional patterns or prevailing fashions could likewise extend orshorten the business volumes.
A model is garments styles, which are typically brief. Most significantly, the impact of value or
"saw nature of the item" can have a ton of impact in deciding its business volume. This is talked
The pattern for income, as demonstrated through the conditions (17) and (18), ordinarily follows
a profile of a S-bend. This is appeared in Figure 6 for both market development and a market
decrease. Each follows a S-bend pattern. Together they structure a ringer shape. In Figure 6(bottom
chart) two chime bends are appeared; one ringer bend is for the income when an early (or on-
schedule) market section; and the other chime bend is for a postponed market passage. In the
development S-bend case, the pace of development is delayed first and foremost, increments
quickly in the center zone and afterward once more eases back down as it arrives at the pinnacle
income. In the instance of market decrease S-bend, the decay is moderate at the pinnacle, strongly
decreases in the center locale and again smoothes up in the most reduced area.
Tw is the market window (time) when the development income S-bend arrives at its pinnacle. On
the off chance that it is expected that the hour of decrease is equivalent to the market window
(season of development), the two Scurves are balanced about the vertical pivot. The suppositions
are entirely sensible, since the straight lines are roughly a middle line of the S-bends.
The S-bends (or chime bends) are regularly very balanced about a straight line interfacing a top
income highlight a beginning point. The chime bends of Figure 6 are approximated by an
arrangement of straight lines. Two straight lines are drawn – one for the market development S-
bend and another for the market decay S-bend. Another arrangement of two lines is appeared for
deferred "market section also, the market decay." Carter and Baker (1992) additionally utilized a
straight line to gauge the effect of postponements in dispatching an item. As appeared in Figure 6,
both these ringer bends are balanced about lines that structure sides of a triangle. Based on this
44
evenness, the region under the ringer bend can undoubtedly be approximated by the zone under
this triangle
.If q is the slope of the revenue S-curve and a is the rate of revenue-growth or revenue decline the
Peak-revenue = aTw
Fig 5.3
45
Fig 5.4
Revenue generated in the case of on-time market entry and delayed market entry can be computed
Total revenue for early (or on-time market introduction) = Area under the dotted curve:
It is assumed that the growth rate for the delayed market entry is the same as the early or on-time
market entry, meaning L remains constant. In actual practice, this seems to occur.
If Rloss denotes a revenue loss term due to delay in introducing the new product, then:
Rloss = (Tw)2
or:
Rloss = 2 (Tw)2
The above condition (27) addresses an estimate of the genuine income misfortune, which should
be figured utilizing genuine S-bends or chime bends. This estimate can be utilized as a measure in
figuring the effect of postponements in dispatching an item. For instance, considering a year
A Td month delay in a starting an item can be registered utilizing the data yielded Table I.
Market division is a showcasing model what isolates the whole market set up into minor divisions
incorporating of clients with a tantamount taste, prerequisite, and tendency. A market fragment
incorporates of individuals who accept on the indistinguishable zones and have equivalent
concerns. The premise of this division lies in choosing the sex , age gathering, pay divisions like
high low and center guidelines , conjugal status and some of the time the occupation likewise
matters. The advertising division for shrewd band for little children will search for the youthful
47
guardians who are nurturing their children (1-3 years) and the showcasing technique would be
The savvy band will be focussed on psychographic division in which the way of life of individuals
will be the core interest. The guardians way of life will be the center of the advertising procedure
, their mentality of saving their child from each risk of the world will seek after them to purchase
the item. The organization will likewise zero in on the clients who are steadfast towards Apple and
are utilizing this item since numerous years. Joint effort with Apple watches will give a critical
preferred position to shrewd band as organization with a world-well known brand can generally
help another item which is preparing to dispatch. This sort of division is named as behaviouristic
division where the clients dependability towards a brand will be the zone of core interest.
Brand situating is the way toward situating the brand in the personalities of the customer. The point
is to create an unmistakable sense in the customer's brain so the customer associates something
exceptional and alluring with the brand that is not the same as rest of the market. To empower the
brand on the lookout , a brand situating proclamation is needed to make an underlying mindfulness
in the psyche of the client. It very well may be a motto that recognizes the item from others. For
The following stage in this methodology is to recognize the immediate contenders who represent
a direct thereat for this brand. In this setting the immediate contenders can be the organizations
who can present a comparable sort of item at modest costs. To withstand the need to build up the
brand in the market its essential to realize how the savvy band separates itself from others. As its
48
a creative item , as of now there is no significant contender who has this thought of presenting an
item. It ought to likewise know whether the moms will purchase the item or not, that is knowing
their discernments. This item is focussed on guardians who are raising their little children, so the
intended interest group is fixed. Obviously, the item inspires the guardians who will know if their
child is protected at home. This item conveys a quality which will guarantee a drawn out progress
for this brand. Teaming up with a brand like Apple will build up the brand in the business which
will limit the chance of different contenders to ruin the brand's situation on the lookout.
The purchaser Adoption measure is a strategy to make conscious of an item, create worry among
the shoppers, orchestrate a testing rush to check how the item is functioning and toward the end
allowing the customers to accept the item. This methodology won't ever modify paying little mind
to ability change, market circumstance changes or of any sort. In this cutting edge world , the
customer has gotten exceptionally shrewd and keen on what the person requires so it turns out to
be vital to devise an imaginative methodology to sell the item. In this situation to sell the brilliant
ought to be done . The keen band can be advanced through ads in various mediums like print or
computerized media.
Interest of Product: The keen band should make an interest in the personalities of the buyer, and it
very well may be done through web , web-based media , retailer, or the current shoppers through
Evaluation of Product: The guardians who are the intended interest group will contrast the brilliant
band and different items which are accessible on the lookout anyway as of now there is no
significant rivalry.
Trial of the Product: The brilliant band should be taken a stab at a bunch of shoppers and criticism
should be assembled from the retailers who are selling this item on the lookout.
Product selection: The savvy band has been adequately advanced and the criticism has additionally
been assembled from a bunch of buyers who utilized it. Presently the time has come to dispatch
The full appropriation cycle may require some investment from not many weeks to certain months
wherein the advancement interaction will make a mindfulness in the personalities of the buyer
with the goal that they can purchase the item and guarantee their youngster's safety
Any extraordinary system begins with establishing a strong framework. To strategically make the
item effective in the market the objectives ought to be explicit. For instance, the site ought to be
easy to understand, organization ought to be dynamic via online media as there are numerous
channels through which buying should be possible. The subsequent stage is distinguishing what
administration does the savvy band gives to clients. At last, the intended interest group ought to
Coordinated showcasing correspondence indicates fusing all the procedures of brand promoting to
publicize a particular item or administration among the intended interest group. In coordinated
improved deals and most extreme expense effectiveness. With regards to Smart band for little
2018). :
a. Setting the establishment of brilliant band , breaking down the item and the objective
market.
b. The vision of savvy band is to secure the kids, so the item is likewise eco-accommodating
d. Smart band ought to be advanced through different mediums like publicizing , papers, and
e. The savvy band ought to coordinate the inputs and the surveys of the clients with explicit
programming resembles CRM which can quantify the Integrated correspondence lattice.
end-clients.
51
The Smart band for Toddlers can catch the market through the different advertising techniques and
the promoting plan which has been talked about in this report. The organization is very cheerful
that the item will be an incredible utility for the guardians who are quick to save their children
CHAPTER 6: ANALYSIS
Organizational strategies are the means through which companies accomplish their missions and
goals. Successful strategies address four elements of the setting within which the company
operates: (1) the company’s strengths, (2) its weaknesses, (3) the opportunities in its competitive
gain competitive advantage, is often referred to as a SWOT analysis. SWOT was developed by
Ken Andrews in the early 1970s. An assessment of strengths and weaknesses occurs as a part of
organizational analysis; that is, it is an audit of the company’s internal workings, which are
and threats is a part of environmental analysis—the company must look outside of the organization
Strengths, in the SWOT analysis, are a company’s capabilities and resources that allow it to engage
strengths may be in its ability to create unique products, to provide high-level customer service, or
to have a presence in multiple retail markets. Strengths may also be things such as the company’s
culture, its staffing and training, or the quality of its managers. Whatever capability a
A company’s weaknesses are a lack of resources or capabilities that can prevent it from generating
economic value or gaining a competitive advantage if used to enact the company’s strategy. There
are many examples of organizational weaknesses. For example, a firm may have a large,
53
bureaucratic structure that limits its ability to compete with smaller, more dynamic companies.
Another weakness may occur if a company has higher labor costs than a competitor who can have
similar productivity from a lower labor cost. The characteristics of an organization that can be
strength, as listed above, can also be a weakness if the company does not do them well.
Opportunities provide the organization with a chance to improve its performance and its
Opportunities may arise when there are niches for new products or services, or when these products
For instance, the increased use of the Internet has provided numerous opportunities for companies
to expand their product sales. Threats can be an individual, group, or organization outside the
company that aims to reduce the level of the company’s performance. Every company faces threats
in its environment. Often the more successful companies have stronger threats, because there is a
desire on the part of other companies to take some of that success for their own. Threats may come
from new products or services from other companies that aim to take away a company’s
competitive advantage.
Threats may also come from government regulation or even consumer groups. A strong company
strategy that shows how to gain competitive advantage should address all four elements of the
SWOT analysis. It should help the organization determine how to use its strengths to take
Strength:
Weakness
Protects the child
Cannot detect any
from touching
hazardous liquid
hazardous objects
Kids may get
Sends a SOS
uncomfortable
message to parent
Opportunity
Threats
Collaborating with
Competitors could
Apple watch fir
come with a
further
cheaper product
enhancement
Fig 6.1
The main strength of this innovative product is that it protects the child from touching any
hazardous element as quick action will be taken by the guardians who get a message if there is any
unfortunate incident to happen. The company should evolve some sensor which can detect the
liquids also which a child may drink and get choked. Also, they should try to deliver soft bands
using the material which suits the skin of babies so that they do not get uncomfortable. Company
should seek for an opportunity to get collaborated with Apple watches as it will be inducing an
additional feature in its watch to make the parent aware of the hazards. However, company should
try to deliver a smart band which is of high quality but affordable cost so that the threat of other
industry. Basically, it is a framework to supervise the macro-ecological elements that may have a
55
for Toddlers.
• Political • Economic
Global
Stable political inflation may
situation affect
Opportunity for Post Covid-19
innovation recession has
struck
Fig 6.2
Australia has a stable political government which provides a good for any evolving company
to drive innovation and technology into its business. However, the economic condition of
Australia is deteriorating since the outbreak of pandemic and global inflation may affect the
56
product launch. People may hesitate to purchase this product so company should take some
innovative steps to promote the same as special offers, discounting schemes. In Australia
generally the burden of raising a child comes up to the mother as fathers are too busy. The
target audience will be mothers of these toddlers who can be persuaded to the idea of good and
safe parenting. Of course, the technological factor is there in which the product will have to
meet its expectations of the customer by creating competitive advantage. The company should
find an innovative way to deal with the technological threats that other companies might
CHAPTER 7: LIMITATIONS
The advantages of wearable trackers are all around recorded, yet in the event that you are not
People often feel blind without their gadgets which is never a good sign. People started
depending on these gadgets and get addicted to it. They will not pay their full attention
towards their child. Accuracy is one of the concern regarding these devices. There is
always a littile bit error will be there which leads to a false alarm send to parents and
due to which parents can lose their interest regarding smart band.
Have you seen that each wrist watch band is always failing to turn out fit for any hand? Indeed,
the band comes excessively loose or excessively tight. In the event that you wear a loose band,
it will descend, and in the event that it is excessively close, you will undoubtedly stay away
Though the smartwatches come in waterproof features, the bands are not. So, when the
wristband gets constant water interaction, your watch band may get damaged.
58
CHAPTER 8: REFERENCES
Huang, Y., Xu, J., Yu, B., & Shull, P. B. (2016). Validity of FitBit, Jawbone UP, Nike+ and other
wearable devices for level and stair walking. Gait & posture, 48, 36-41.
Brown, J. D., Pase, W., McKenzie, C., Salmanian, M., & Tang, H. (2017). A prototype
Dehghani, M. (2016, March). An assessment towards adoption and diffusion of smart wearable
technologies by consumers: the cases of smart watch and fitness wristband products. In HT
Nelson, E. C., Verhagen, T., & Noordzij, M. L. (2016). Health empowerment through activity
trackers: An empirical smart wristband study. Computers in human behavior, 62, 364-374.
DIMITRESCU, A., BABIS, C., ALECUSAN, A.M., CHIVU, O. and FAIER, A.M., 2018.
Fernandes, G. and Brandão, L.E.T., 2016. Managing uncertainty in product innovation using
Ward, G., 2016. The project manager's guide to purchasing: Contracting for goods and services.
CRC Press.
Camilleri, M.A., 2018. Market segmentation, targeting and positioning. In Travel marketing,
tourism economics and the airline product (pp. 69-83). Springer, Cham.
Khan, S.A., 2017. Consumer innovation adoption stages and determinants. Department of
De Toni, D., Milan, G.S., Saciloto, E.B. and Larentis, F., 2017. Pricing strategies and levels and
their impact on corporate profitability. Revista de Administração (São Paulo), 52(2), pp.120-133.
Faith, D.O. and Agwu, P.E., 2018. A review of the effect of pricing strategies on the purchase of
consumer goods. International Journal of Research in Management, Science & Technology (E-
Blakeman, R., 2018. Integrated marketing communication: creative strategy from idea to
Laurie, S. and Mortimer, K., 2019. How to achieve true integration: the impact of integrated
Ørngreen, R. and Levinsen, K., 2017. Workshops as a Research Methodology. Electronic Journal
Kumar, R., 2018. Research methodology: A step-by-step guide for beginners. Sage.
Zangirolami-Raimundo, J., Echeimberg, J.D.O. and Leone, C., 2018. Research methodology
topics: Cross-sectional studies. Journal of Human Growth and Development, 28(3), pp.356-360.
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CHAPTER 9: APPENDIX
Questionnaire
Name
In your view what is the key challenge faced by your firm at global levels?
Dealing with competitors
Enhancing brand presence in different markets
Attracting and engaging customers
All of the above
Which kind of marketing tactic is adopted by your organization at global level to promote
smart band?
Traditional marketing
Modern marketing
All of the above
In your view adoption of social media marketing tools is more effective in comparison with
other form of marketing platforms?
Yes
No
Can’t say
How would you like to rate different smart bands?
Excellent
Very good
Good
Average
Poor
Which social media platform is mainly preferred by your firm for marketing and promotion
purpose?
Facebook
Twitter
LinkedIn
Instagram
Any other (Please specify)
In your view what are the key benefits associated with the utilization of smart band for
your firm?
Enhances global presence
Boosts brand publicity
Attracts worldwide customers
Brand differentiation
Any other
For international business management how smart band are effective?
They are cost effective
61
In your view what changes are required in the applicability of smart band for growth of
your international business?
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