Formative Assessment $1b$

For this you will be required to research and present a product and process analysis. This presentation should show how a product contributes to the overall strategic plan of your company.

Your research and presentation must include the following information:

Step $1$: Vision and mission statement of company.

Step $2$: Briefly summarize the strategic plan of the company.

Step $3$: Identify product and process. Thus will include the following information.

The process of how the product is made. This will include type of production; include manufacturing strategies like make$-$to$-$stock.

how does the type of production and strategies chosen suit this product

What stage of the product life cycle is this product in$?$

What does this mean regarding the marketing strategy of this product?

What role do you play in this process?

Step $4$: How does this product and process achieve the objectives set in the strategic plan of you company.

Write down all your findings and present them to your supervisor. Your supervisor will assist the facilitator in judging your performance in this activity.