>>>>>>Please provide solution to the following product development based on the information provided below

PRODUCT DEVELOPMENT

Develop a product for a specified target audience and conforming to set standards

SCENARIO You are to assume the role of an aspiring entrepreneur . You are required to prepare a slide deck for presentation of your product to potential investors. . Be mindful that in light of the current economic environment, investors want: to have a thorough understanding of the value your product brings to its customer and be confidence that you are capable of running a profitable venture. Guidelines for your developing your product: NOTE: these should be included in your presentation along with any other information you deem necessary Use a brainstorming technique to generate product ideas Shortlist three ideas from your brainstorming session and use a scoring technique to select one Clearly and concisely define your target customer Clearly and concisely state the value to be derived from your product Briefly discuss the Dimensions of Quality used in the design of your product Show the development of your product using the Product Development Cycle State and justify your strategy for competitive advantage In running your organisation, briefly discuss: - your leadership style; organisational culture; ethics and Corporate Social Responsibility; any necessary partnerships/strategic alliances to be formed; any necessary education and/or training required by you and your team; any other information you deem necessary. . A one-slide pitch to win the investors' confidence CRITERIA Brainstorming and scoring techniques Appropriate use of techniques Thoroughness of application of techniques Content Suitable for intended audience (investors) Incorporates content from the course Appropriate in context of the product 1 Presentation . . 1 . Quality Layout Organisation Content Creativity Appropriateness to intended audience Compelling pitch Awareness of quality issues & theory Applies theory to a real-world context Displays creative and critical thinking Understanding 1