Question: Instructions The project will involve evaluating a company's current product portfolio, identifying potential international market opportunities, and developing an international market expansion strategy.Detailed Step -
Instructions The project will involve evaluating a company's current product portfolio, identifying potential international market opportunities, and developing an international market expansion strategy.Detailed StepByStep Breakdown Step : Project Kickoff and Team Formation Work in NPD Capstone Groups created in Module to review project instructions and deliverables. Select a Canadian company with international product offerings, or propose a newinternational product strategy Step : Market Analysis and Strategy Development Apply tools like Conjoint Analysis, Sentiment Analysis, Environment Analysis including SWOT, PESTLE, and Porter's Five Forces Scenario Planning, PassFail Test, Scoring Model, Portfolio Analysis, Customer Journey Mapping, Business Model Canvas, and Financial Analysis Tools. Note: There are several resources within Module to assist you with proper application of the recommended market research tools and methodologies, including video tutorialsand templates. To complete Step the following tools, methodologies, and techniques are recommended:
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