Question: Each group will source and identify 2 products or services to a team member problems. The group will identify a problem statement to validate the

Each group will source and identify
2
products or services to a team member problems.
The group will identify a problem statement to validate the need for the solution.
Each team will identify a use case and realistic development options or purchase options for the products.
(
how will your product or service help and how will it be developed
)
(
of both products at least one must be developed from scratch
)
Each team will work on market research, components required and sourcing of raw materials required.
Legal requirements
/
exemptions for Canada have to be captured and or identified if any
A full development, shipping logistics and marketing strategy has to be identified and documented.
Product competition has to be identified and a cost analysis has to be provided.
(
if a similar product exists I want to know about it
)
All teams must document and submit the projects, including a full market research, marketing plan and a market survey to identify validity of the product as well as feedback.

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