What are the advantages of traditional retail store? What are the types of pricing promotions? How does Convenience store compete with supermarkets and super-centers? What does the Diffusion of the Bell Curve tell us consumer adoption to new‐to‐the‐world products? What are the benefits of pioneer or breakthrough products? What is the life cycle of fashion trends? How do computer gaming companies keep up in a market where sales come mostly from new products? What are the limitations in the use of internal Research and Development (R&D) for new ideas? How long can a product stay in the maturity stage of the product life cycle? What does the demand curve show? What does the demand curve show for prestige products? What does price elasticity of demand measure? What do odd prices often suggest to consumers?

Tony prince is the project manager for the recreation and wellness intranet project. team members include you, a programmer/analyst and aspiring project manager; patrick, a network specialist; nancy, a business analyst; and bonnie, another programmer/analyst. other people are supporting the project from other departments, including yusaff from human resources and cassandra from finance. assume that these are the only people who can be assigned and charged to work on project activities. recall that your schedule and cost goals are to complete the project in six months for under $200,000.task 2identify at least eight milestones for the recreation and wellness intranet project. write a short paper describing each milestone using the smart criteria. discuss how determining these milestones might add activities or tasks to the gantt chart. remember that milestones normally have no duration, so you must have tasks that will lead to completing the milestone.