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  • Task 4: New Product Development Process: (10 Marks)

    Transféré par

    Iamzura Abdullah
    24 vues1 page
    This document outlines the key stages in new product development: 1) Idea generation and screening to identify viable product ideas; 2) Concept development to further refine ideas and develop product concepts; 3) Business analysis and market strategy development to evaluate commercial potential; 4) Product development to design and engineer the product; 5) Market testing to validate the product-market fit; and 6) Commercialization to launch the product. For each stage, the document asks for an explanation of activities, tasks, tools, and strategies used.

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    Assignment IE

    Titre original

    Assignment 4 IE

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    This document outlines the key stages in new product development: 1) Idea generation and screening to identify viable product ideas; 2) Concept development to further refine ideas and develop product concepts; 3) Business analysis and market strategy development to evaluate commercial potential; 4) Product development to design and engineer the product; 5) Market testing to validate the product-market fit; and 6) Commercialization to launch the product. For each stage, the document asks for an explanation of activities, tasks, tools, and strategies used.

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    24 vues1 page

    Task 4: New Product Development Process: (10 Marks)

    Transféré par

    Iamzura Abdullah
    This document outlines the key stages in new product development: 1) Idea generation and screening to identify viable product ideas; 2) Concept development to further refine ideas and develop product concepts; 3) Business analysis and market strategy development to evaluate commercial potential; 4) Product development to design and engineer the product; 5) Market testing to validate the product-market fit; and 6) Commercialization to launch the product. For each stage, the document asks for an explanation of activities, tasks, tools, and strategies used.

    Droits d'auteur :

    © All Rights Reserved
    Téléchargez comme DOCX, PDF, TXT ou lisez en ligne sur Scribd
    Signaler comme contenu inapproprié
    sur 1

    GLOBAL INSTITUTE OF STUDIES

    DIPLOMA OF MECHANICAL ENGINEERING


    DME 3802
    INDUSTRIAL ENGINEERING

    Task 4: New Product Development


    Process
    (10 marks)

    Idea Idea Concept Market strategy


    generation screening development development

    Business Product Market


    Commercialization
    analysis development testing

    For each of the product development stages mentioned above, provide an


    explanation on what happens on each stage, what are the activities or tasks
    that should be should be done during the stages, and any tools and
    strategies that need to be implemented in each stages if any. You may relate
    your explanation with one or several examples of product.

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