Question: QUESTION 1 Explain FIVE aspects of globalization that affect new product development. (10 marks) QUESTION 2 There are 5 phases of new product process. Explain

QUESTION 1

Explain FIVE aspects of globalization that affect new product development.

(10 marks)

QUESTION 2

There are 5 phases of new product process. Explain phase 4 & phase 5.

(10 marks)

QUESTION 3

Construct a table of THREE different product produced by Procter & Gamble (P&G) by applying product mix width and product mix lengths as columns and rows of the table. Provide only THREE product line for each product.

  • Baby care

  • Fabric care

  • Family care

(10 marks)

QUESTION 4

Define product concept statement and identify THREE purposes of concept testing.

(10 marks)

QUESTION 5

Explain the following concept development activities:

  1. Setting final specifications

  2. Project planning

  3. Economic analysis

  4. Benchmarking of competitive products

  5. Modelling and prototyping

(10 marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!