Question: A Product Design Problem How could this problem have been prevented Defend your answer. Answers should include and explanation of how the chosen pitfall in

A Product Design Problem
How could this problem have been prevented Defend your answer. Answers should include and explanation of how the chosen pitfall in the prior question could be prevented. For lack of objective evaluation, the way to avoid this pitfall is to subject all ideas to rigorous study and investigation and there needs to be an awareness of the need for scrutiny given to a design or project in the ordinary course of professional work. For no real insight into the market, entrepreneurs must not only project the life cycle of the new product, they must also recognize that introducing the product at the right time is important to its success. For inadequate understanding of technical requirements, anticipation of the technical difficulties related to developing or producing a product can help avoid this pitfall. For poor financial understanding, there needs to be a researched and planned estimate of the funds required to carry the project from development to completion. For lack of venture uniqueness, a way to avoid this pitfall is to ensure customer awareness of the differences between the company's product and competitors' products is through product differentiation. A product that is unique in a significant way can gain the advantage of differentiation. For lack of venture uniqueness and ignorance of legal issues, awareness of legal issues such as the need to make the workplace safe for employees, to provide reliable and safe products and services and the necessity for patents, trademarks, and copyrights to protect inventions and products.

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